in.tradingview.com NSE:BANKNIFTY
In our view from the daily chart, BankNIfty is about to touch 37000. The reasons are shown on the chart.
There is an old gap left below and Elliot wave is also supporting the same. It has an inverted cup which is at handle level and there is no support in between.
So, all mixed up are confluence to consider BankNifty to go up to 37000.
in.tradingview.com
BANKNIFTY : It looks like BankNifty is going to be Bearish zone already and can head towards the 38000 range. I am more inclined towards filling the gap at 37000.
Please be careful and keep your position size low. One can wait for reversal before going for a long term investment. If you look at DMI level, it also shows bearish as red line has...
in.tradingview.com
SilverMic_Current_Future : This seems bearish to all of us. The head & Shoulder, Rising Wedge, and Elliot-wave...three major indicators are should bearish. Prepare you sort selling.