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MDstockmagic

Banknifty range is contracting in diamond pattern

Nifty Bank Index (NSE:BANKNIFTY)  
MDstockmagic Updated   
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Trend Analysis Wave Analysis BANKNIFTY diamondpattern rangetrade
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chartpattern trendanalysis waveanalysis banknifty diamondpattern rangetrade
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
Comment:
patterb broken and made low near 1st target of 35476
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