Bank Nifty-Cracks 31490 to 31000 in H&S Pattern(Target Achieved)

Short

Nifty Bank Index (NSE:BANKNIFTY)

NSE:BANKNIFTY Nifty Bank Index

trendanalysis chartpattern waveanalysis elliottwaves wavetalks elliottwaveretracement elliottwavecorrection elliottwaveforecasts elliottwaveideas

Head & Shoulder Pattern Formed --------------Key Level 31500 Holds & Index falls approx. 500 points just below 31500

Heading for Target 2 - 30500

Prior to that - Buy target was achieved from close to 31200 levels suggested on 1st Jan2021.

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Bank Nifty Last Idea - Buy Above 31200 & Sell Below 31500
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Bank Nifty- Next Waves (Upside + Downside)- 1st Jan2021

Best Regards,
Abhishek H. Singh
Growth Director - TradingView India

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