Nifty Bank Indexמעודכן BANKNIFTY--Inverse Head & Shoulders??
Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
הערה
wait for the consolidation above the neckline...הערה
If price opens below the Head section, will think of short side.הערה
Rally base rally is also possibleהערה
so wait for the price to consolidation above neckline.הערה
When price reaches to the 47200 levels, then think of short or upside
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Please Like, Follow and Comment
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--Educational Purpose Only--
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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