bank nifty ve Wolfe wave with exhaustion gap with rsi divergence,
show heavy weekness below 41880
trend line breakdown close and hold below and retest the trendline
breakdown of triangle
NIKI BANKNIFTY is one of the best indicators for bank nifty future. It will work on 5 min chart with a candle pattern. It has an accuracy of 88% and a profit factor of 5.2. It has a fully automated trading setup with Indian brokers. It can be accessible from invite-only scripts.
Backtesting results with NIKI BANKNIFTY Indicator. No chance to repent. For the Beck test, I consider Bank Nifty Future 1 Lot (75) with a 0.4% target and stop loss from the entry value. A maximum of 4 trades per day is considered. This is done on an intraday basis for a period of 1 year(2019 to 2020).
BNF SUPPORT for today 40990-41050
chart self expletory hai
If you look at the chart of Bank Nifty, you will know that it has broken the previous swing low of 41990.
BF If BF remains under control then there is a possibility of getting 40 990 today.
This is a chart posted for educational purposes only.
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Banknifty may touch upper red horizontal line, then it againmay have seen selling pressure. So, I'm going to take sell trade and avoid buy trade. target is lower red line.
NSE 
