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BANKNIFTY INDEX FUTURES

Head & Shoulder formation in #banknifty

35
As can be seen, Head and shoulders formed on Daily chart of Banknifty. Neckline comes around 37500/450 levels. Total height of formation is 4275 points. Will be break or will give a false breakout. Only time will tell.

With bullish formation on US10y yield, quote possible it can break!!!


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Happy trading
hiteshhbafna
Also on:
BANKNIFTYbankniftyanalysisbankniftyforecastbankniftylevelsbankniftytradesetupChart Patternsnifty50Trend AnalysisUS10Y

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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.
BANKNIFTYbankniftyanalysisbankniftyforecastbankniftylevelsbankniftytradesetupChart Patternsnifty50Trend AnalysisUS10Y
hiteshhbafna
Also on:

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.