Profitable_Traders

◩ Movement of BANKNIFTY #4 ◪

Short
NSE:BANKNIFTY   NIFTY BANK
◩ Movement of BANKNIFTY #4 ◪

📌 I am tracking the BANKNIFTY since long back ⤼. I have found that BANKNIFTY follow the specific ⤳ pathways which is ❝ unique ❞. The pattern is clearly given on the chart 💻.

▣ Key Highlights:
➨ Time frame 4 hour ④
AB-CD Pattern ⋛
Trend line
EMA 300 ↝
➨ Unique Confluence Ⓤ

📌 The Levels are:
For Short:
Entry: ▼ 31100
SL: ✘ 32000
Target: ⬊ 30300/29500/28700/27900

➟ Please comment ✍ your opinion, view and ask your queries in the comment ⌨ section.

➟ For more, you can check out my previous BANKNIFTY studies 😍 as well.

➟ Follow me @ tradingview for more updates. Kindly like the chart ❤ & share this analysis.

Thank you ✌. Happy Trading ☺!!!

Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.

✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Comments

Sir, what should be the level for long in banknifty...??
+2 Reply
@Karansingh01, Have a look in my telegram channel https://t.me/profitable_trad
Reply
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