Let me know your views.
BankNifty has broken from a rising wedge pattern. Breakdown from the solid line is very close to the apex and may not result in a major downtrend. However, if you consider the breakdown from the dashed line, its around the 2/3rd area from the base / start of the wedge. Breakdown near 2/3 of the wedge formation give a larger fall! Lets wait for the next few days to see how it pans out.
This information is for analysis only!
BankNifty has broken from a rising wedge pattern. Breakdown from the solid line is very close to the apex and may not result in a major downtrend. However, if you consider the breakdown from the dashed line, its around the 2/3rd area from the base / start of the wedge. Breakdown near 2/3 of the wedge formation give a larger fall! Lets wait for the next few days to see how it pans out.
This information is for analysis only!
Dagangan aktif
BN broke the rising wedge pattern today. Expecting a throwback to 22275-22300 tomorrow..
This idea is for information only!
Mitesh
Mitesh
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.
This idea is for information only!
Mitesh
Mitesh
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.