BANKNIFTY--Inverse Head & Shoulders??
Aktualisiert
Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
Anmerkung
wait for the consolidation above the neckline...Anmerkung
If price opens below the Head section, will think of short side.Anmerkung
Rally base rally is also possibleAnmerkung
so wait for the price to consolidation above neckline.Anmerkung
When price reaches to the 47200 levels, then think of short or upside
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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