Bank Nifty Short term view
Bank Nifty Short term view
Bank Nifty formed Head & Shoulder pattern in weekly TF.
Neckline is 49800. Price closed below the neckline and confirmed the pattern last week.
45000 is the possible target as per the pattern which we may see in the coming weeks.
49700-50000 is the resistance for next week.
If Bank nifty gives a pull back, Resistance zone is the ideal level to open a short position.
Bank Nifty formed Head & Shoulder pattern in weekly TF.
Neckline is 49800. Price closed below the neckline and confirmed the pattern last week.
45000 is the possible target as per the pattern which we may see in the coming weeks.
49700-50000 is the resistance for next week.
If Bank nifty gives a pull back, Resistance zone is the ideal level to open a short position.
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