Kinnari_Prajapati

Exactly seen seller action on banknifty.

NSE:BANKNIFTY   NIFTY BANK
Detected Tail: price rejection with sellers activities.

A box which was drawn after the tail is sellers area. If price surge with above it and we see the again tail will confirm of selling 28310 nearby.

I ll update later accurate target.
Trade closed: target reached:
According to my analysis BN will fall more than 600 points within this week...
+1 Reply
prskumar88 The_New_Prince
@The_New_Prince, sir can u explain your logic
Reply
The_New_Prince prskumar88
@prskumar88, it is in a distribution zone now and also formed an symmetrical triangle.Tomorrow M3 Money Supply* announcement and 30th aug 5 more events so,it is more likely to fall...
+1 Reply
Imrankhan1707 The_New_Prince
@The_New_Prince, Thankyou so much for the update
Reply
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