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omsh007

BANK NIFTY, 4H, TIME TO BE CAUTIOUS.

Nifty Bank Index (NSE:BANKNIFTY)  
omsh007  
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Technical Indicators BANKNIFTY stockmarketindia Technical Analysis priceaction
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chartpattern indicator banknifty stockmarketindia technicalanalysis priceaction
Since we are witnessing a breakout and retest pattern on Nifty 50, but we also have to keep this in mind that bank nifty has approached it's resistance which is being respected every single time in past. According to me, a take away gap up opening is able to breach this resistance. I suggest you all to watch the market like a WOLF for couple of days.
Do your own research and analysis before taking any position.
Greetings,
Om Sharma.
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