BANKNIFTY Intraday Trade Setup For 16 Aug 2022
T-39222 39355 39517
T-38821 38740 38650
BANKNIFTY has closed a positive sentiment with more than 0.4% gain. It has closed above the psychological level 39000. Index is bullish till it closes above previous day low. Closing below PDL will be a sign of weakness in...
BANK NIFTY as per Daily chart Analysis and 15min Chart analysis these are my observations
Daily chart analysis as per Elliot wave the 5th wave gets completed at 38106 level. As well as on a 15 minute chart the 5th Wave gets completed at 38106 level.
I also observe Head and Shoulder pattern on a 15 minute chart and having 38106 level resistance the market should...