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Banknifty range is contracting in diamond pattern
Nifty Bank Index
Banknifty range is contracting in diamond pattern
By MDstockmagic
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Updated
Aug 18, 2021
1
Aug 17, 2021
today again banknifty made low near 35700 after getting resistance near 36200-300
it is trading in a diamond pattern and range is contracting... breaking of pattern will bring clear direction..
it is strong only above 36300 level
it will bring more weakness below 35700
Aug 18, 2021
Note
patterb broken and made low near 1st target of 35476
BANKNIFTY
Chart Patterns
diamondpattern
rangetrade
Trend Analysis
Wave Analysis
MDstockmagic
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