BANK NIFTY price action trend analysis since covid 19

Oct 7, 2021

BANK NIFTY price action trend analysis since covid 19

STEP 1
channal break out TGT 36145.6 DONE
How we calculate { CHANNAL RANGE *2 + BREAKOUT CANDLE CLOSE}

STEP 2
Trend lines 1 , 2 & 3 MAKES FLAG (PEANUT/TRINGLE) AND POLL PATTERN
Pattern TGT 42055
How we calculate {POLL RANGE + BREAKOUT CANDLE}

STEP 3
Trend lines 4 & GREEN CHANNAL AGAIN MAKE FLAG AND POLL PATTERM
Pattern TGT 39200
How we calculate {POLL RANGE + BREAKOUT CANDLE}

STEP 4
NOW WE SEEL A CHANNAL BREKOUT ALSO
Pattern TGT 40100
How we calculate {CHANNAL RANGE * 2}

SO WE GOT FOLLOWING PENDING TGT
STEP 2 42055
STEP 3 39200
STEP 4 40100

ANALYSIS GONE VOID IF BANK NIFTY PRICE ENTERED IN OUR 1ST CHANNAL