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Nifty Bank Index

Bank nifty and pattern

Von omvats1
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price has already broken monthly and quarterly levels
an analysis with in the constraints of patterns and time
starting with my idea posted in the month of Feb'23( earlier very few taker but it gave the perfect support level and now could give a resistance level)
its a start will continue with additional comments and graphics
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bank nifty's one of the longest time frame chart
 idea posted on Feb'9
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pattern gave a perfect support level for the price and now giving showing a resistance level, i hv to redraw it find an actual position
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Snapshot this was the zoom in of the above pattern posted on Apr'02
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Snapshot
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price has broken few imp. candles ranges, which it has to respect
it would be better if broken by a new monthly candle, but breached
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still half month left, ic range may act as a resistance, otherwise it would be a strong momentum
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Snapshot yearly
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Snapshot
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monthly, important one Snapshot
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Snapshot price followed the range?
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Snapshot price followed the range?
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price reached the monthly and quarterly targets?
Chart PatternsTrend Analysis
omvats1

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