Ami8singh

Head and Shoulder Pattern in BankNifty

Kort
Ami8singh Uppdaterad   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Seems to be bullish above 39327, as this level is a Virgin POC. Till then sell on rise is advised. I've plotted these Red Horizontal Rays according to the Session-wise volume profile POCs plotted on BANKNIFTY Futures. POC's work as strong support and resistance as they are the level of smart money.

If BANKNIFTY breaks the level of 38409 then we can see BANKNIFTY retesting 37736 and 37168 levels.

Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
Trade stängt manuellt

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.