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Pratibha_Sharma

Bank Nifty - Broadening Wedge formation

Education
Nifty Bank Index (NSE:BANKNIFTY)  
Pratibha_Sharma  
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Trend Analysis
3
0
chartpattern trendanalysis
Bank nifty forming a broadening wedge pattern for the last 7 days.

Support on Span B of the Ichimoku cloud and further stronger support on 26800 - the 61.8% Fibonacci retracement from its recent bottom.
Expecting a breakout from range around 27500 - the 78.6% level.
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