AnkitDev

AnkitDev

BankNifty is looking good for upside. there is a potential upside and lower levels were rejected. A possible inverse H&S pattern is forming. watch out

AnkitDev

Banknifty is currently taking major support on the trendline. its a Make or Break Level

AnkitDev

Banknifty is forming inverse Head and Shoulders pattern.

AnkitDev

Bank nifty seem to have rejected the top levels with a sharp fall. it would now make sense if the stock remains out of channel. if support 2 is broken then BN will go down to fill the gaps. If support 2 is not broken, then a possible sideways market for few days. This Analysis is purely based on my own view, happy to share it with you all.

AnkitDev Updated 

BankNifty have consolidated at higher levels and seems to have formed a Head and Shoulders patter.