Nifty Bank IndexSingkat
42800 possible in banknifty
Dear Traders,
Upon analyzing the provided chart, it is evident that the Bank Nifty has recently experienced a breakdown of its lower trendline. This occurrence indicates a high probability of long unwinding, which in turn suggests a significant decline in the Bank Nifty by approximately 1600 points in the coming days. It is essential to plan your trades accordingly, taking into consideration this potential market movement. Additionally, it is prudent to exercise caution and avoid risking more than what you can afford to lose.
Do follow me for more trade ideas and analysis.
Upon analyzing the provided chart, it is evident that the Bank Nifty has recently experienced a breakdown of its lower trendline. This occurrence indicates a high probability of long unwinding, which in turn suggests a significant decline in the Bank Nifty by approximately 1600 points in the coming days. It is essential to plan your trades accordingly, taking into consideration this potential market movement. Additionally, it is prudent to exercise caution and avoid risking more than what you can afford to lose.
Do follow me for more trade ideas and analysis.
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.
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.