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Banknifty - Descending channel

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY Descending Channel breakout Support and Resistance
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trendanalysis chartpattern banknifty descendingchannel breakout supportandresistance
Price after completing the wedge I was expected it to break up and move towards the resistance but as per the pattern rule price breaks down and moves down in descending channel pattern.

Now one can expect the price to break the channel and move further up.
Komentar:
Big move as expected. book profits
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