Nifty Bank Index
Diupdate

Bank nifty chart study

317
Bank nifty monthly time frame
Ascending wedge pattern formation
index is almost at resistance zone, still can keep buffer of 500-700 points on higher side
if wedge pattern is followed index might give good reversal going ahead.
in between of wedge if observed index have retraced 3 times
approx retracement are around 9%-12% and 22%
on lighter note if we consider that this time retracement will be around 9-12% than fall of 4500-6000 points is possible as per past performance of index.
i have total right to go wrong
Trade aktif
from 48650 to 45450

3200 point down

enjoy

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.