Bnfshort
INVERTED TRIANGLE in BNF #bnfNSE:BANKNIFTY has formed inverted triangle pattern below previous major support which is now acting as a strong resistance and stopping bnf from moving upside ,bnf should be ready for a major correction as it has created the pattern while testing all the fresh support and now there is nothing to stop the fall, but in case if bnf manages to break the pattern upside it will be breaking the resistance and big upside move will be seen.
BANK NIFTY target level for down side in coming weeks.NSE:BANKNIFTY downtrend prediction with analysis based on support/resistence levels and demand /supply zones, so far #banknifty has followed the levels accurately, if it keeps respecting the zones and levels, we can expect a nice down trend for shorting BNF.