Cyber Monday saleUp to 70% OFF
Nifty Bank Index

BankNifty Formed Head & Shoulder pattern on 5min

By amolshirguppe
Updated
Bank Nifty Formed Head & Shoulder pattern on 5 min time frame on 17/02/2021. Bank nifty is on neckline, waiting for breakout ...
Trade active
Bank nifty brock neck line of head & shoulder pattern, retested neck line & moving towards target of head and shoulder.
in my onion If bank nifty reach its head & shoulder target & move back in its original upward trend then it will be retest of flag pattern on Daily time frame.
Trade closed: target reached
Head & shoulder pattern target achieved
Note
Bank nifty down 1700 points from head and shoulder neckline
(actual target 530 points from neckline)
5minuteschartBANKNIFTYbreakoutChart PatternsnecklineTrend Analysis
amolshirguppe

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.