Bank Nifty Weekly Analysis 14-08-23 to 18-08-23
Bank Nifty Weekly Analysis 14-08-23 to 18-08-23
Bank Nifty is now in Downtrend as per Daily/Hourly Chart.
Head & Shoulders Pattern is Formed in the daily chart and Index has given a breakdown and close below the neckline.
Below 44100, continuation of trend and the Targets are 43780/43380.
Above 45120, reversal of Trend and the Targets are 45580/45980.
44120-45120 is the Range for Sideways Market.
Verdict: High Probability trades is on Downside and View for the coming week is Sideways To Bearish.
Bank Nifty is now in Downtrend as per Daily/Hourly Chart.
Head & Shoulders Pattern is Formed in the daily chart and Index has given a breakdown and close below the neckline.
Below 44100, continuation of trend and the Targets are 43780/43380.
Above 45120, reversal of Trend and the Targets are 45580/45980.
44120-45120 is the Range for Sideways Market.
Verdict: High Probability trades is on Downside and View for the coming week is Sideways To Bearish.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.