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BANKNIFTY IN RISING WEDGE PATTERN ( CAUTION )

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Fundamental Analysis bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyview bankniftylevels bankniftyintradaylevels bankniftytrendanalysis bankniftylong bankniftyidea
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BANKNIFTY at real crucial levels, though the trend is bullish as of now , it has been forming RISING WEDGE pattern which is also known as REVERSAL pattern to some extent but don’t worry! We’ll wait for its confirmation before we take any action☑️

Till now market specifically is bullish and also formed an inverted head and shoulders pattern being 35730 as its NECKLINE, break of that very level with proper candle close may take BANKNIFTY to 36000 in no time

Also RBI MONETARY POLICY HEARING tomorrow can add fuel to the fire ! Expecting huge moves tomrrow

But also keep note of the following pattern ✅
Haftungsausschluss

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