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Manickamtraders

#banknifty directions and levels for March 18th.

Nifty Bank Index (NSE:BANKNIFTY)  
Manickamtraders  
NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns Chart Patterns Elliott Wave BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftytrend bankniftyintradaylevels bankniftyview bankniftytomorrow bankniftyintradaysetpup bankniftytrendanalysis
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harmonicpatterns chartpattern elliottwaves banknifty bankniftytradesetup bankniftyanalysis bankniftytrend bankniftyintradaylevels bankniftyview bankniftytomorrow bankniftyintradaysetpup bankniftytrendanalysis
Banknifty has a diagonal structure. So, if the market breaks the previous low, then the diagonal will continue further, and we can expect a minimum of 46197 to 45948. If it finds support there, then we can expect a minimum of 23 to 38% pullback wave.

Alternatively, if the gap-down doesn't sustain and breaks the diagonal pattern, then we can expect a range market initially, and if it breaks 47034, then the pullback will continue further.
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.