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BANKNIFTY 2H chart study - Megaphone

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY megaphone
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trendanalysis chartpattern indicator banknifty megaphone
BANKNIFTY 2H chart study - Megaphone
Comment:
Opened below the megaphone median and 200 SMA. Expecting a bearish move towards the megaphone bottom as long as the median line acts as a strong resistance.
Comment:
Moving towards the megaphone bottom as per previous analysis
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