BANKNIFTY Possible Traingle Consolidation
The BANKNIFTYs attempt on 21'st Oct to break 24815 was rejected and it seems to have fallen into a Triangle consolidation since.
A possible breakout or down could be confirmed at following levels
Breakout - 24600 (Aggressive), 24693(Conservative)
Breakdown - 24375(Aggressive), 24290(Conservative)
Just a beginner trying to get the hang of the whole pattern analysis.
Looking forward to corrections and insights.
Cheers ;)
A possible breakout or down could be confirmed at following levels
Breakout - 24600 (Aggressive), 24693(Conservative)
Breakdown - 24375(Aggressive), 24290(Conservative)
Just a beginner trying to get the hang of the whole pattern analysis.
Looking forward to corrections and insights.
Cheers ;)
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