vanathi

Rising wedge in Bank Nifty!

vanathi Mod Diupdate   
NSE:BANKNIFTY   Nifty Bank Index
10
Am I the only one who sees the bearish sign in banknifty? Price action if forming a rising wedge pattern in banknifty. Rising wedge is a bearish pattern. It starts with widening bottom and as price moves higher the range narrows. But we dont have the confirmation for trend reversal yet.
Komentar:
Move sideways, then fall. Will it be the plan of bank nifty?
Komentar:
No, no, dont think price is going up!
Komentar:
Is it falling?
Komentar:
Extend the trend line and see how far banknifty is falling!

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