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Short

RSI is facing resistance at the extreme levels.

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The RSI is facing resistance at the bearish extreme levels. We can notice the price action hasn't been too supportive for longs. A not so prominent H&S is noticed. Breaking below the neckline may result into deep corrections.
BharatJhunjhunwala
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
Also on:
BANKNIFTYbharatjhunjhunwalaChart PatternsichmimokuTechnical IndicatorsNIFTYoptionsstrategiesprorsitataglobalbeveragesTrend Analysis

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BANKNIFTYbharatjhunjhunwalaChart PatternsichmimokuTechnical IndicatorsNIFTYoptionsstrategiesprorsitataglobalbeveragesTrend Analysis
BharatJhunjhunwala
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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.