Get started
MDstockmagic

banknifty future trading in downward channel

Short
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
MDstockmagic Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Wave Analysis Chart Patterns
1
0
trendanalysis waveanalysis chartpattern
banknifty futre in 15 min chart trading in downward channel
currently banknifty future is near channel resistance confluence with fib ratio 38% at 45171..
POC level near 45280

still banknifty making LH-LL PATTERN so be cautious in buying at higher levels
Comment:
made low 44976 till now.... more than 100+ move on short side..
Comment:
channel resistance confluence with fib 38% worked superb in intraday and banknifty future made low 44786... nearly 300 points down move
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.