Young-Money

Signal Arrived for BANK NIFTY Analysis (May 20)

Long
NSE:BANKNIFTY   Nifty Bank Index
BANK NIFTY Analysis (May 20)


MARKET IS IN A RANGING TYPE


  • The Last two days, shows a CONSOLIDATION PRICE ACTION.

  • ADX is comparatively facing a disruption.

  • But Price Action is Building up Momentum. (Weak Momentum)

  • My Own Developed Indicators Recommends a Potential Buy Signal or a Negative Doji.

  • If tomorrow ends in a Negative Doji, the next day will be a Game Changing Candle.

  • Overall Strength (Green BANKNIFTY )

Check My Latest Post about Indicators to use for Intraday, which will help you to trade with ease.

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