Bank Nifty - Harmonic Pattern

Bank nifty had broken all the previous supports today and is expected to continue its down trend. As bank nifty is overly sold, a pull back rally can be expected before it continues its down trend. Currently, Bank Nifty is sell on rise mode and one can expect a reversal from the marked harmonic level.
BANKNIFTYChart PatternsconsoldiationHarmonic PatternsLONGreversalpatternrsioversoldsellonriseshort

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