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Weakness in NIFTYBANK

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Nifty Bank Index (NSE:BANKNIFTY)  
Abhi_The_Chart_Reader  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis BANKNIFTY weakness expected downtrend lowerlow lowerhighs indianstockmarket
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trendanalysis banknifty weakness expected downtrend lowerlow lowerhighs indianstockmarket
BANKNIFTY

Weakness Observed in this current uptrend wave.

Reasons

1. Series of HH - HL has been broken and a new LL has been created.

2. Continuous decrease in RSI indicates weakness in trend.


This Analysis is not a trade recommendation. It is completely for study purpose only. Do your own study and research before getting into the trades.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.