Gunshot321

BankNifty Analysis Jan-Mar

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NSE:BANKNIFTY   Nifty Bank Index
Hello Traders

I hope this blueprint explains it all Bottom buy @ 40690 long term

Short term: 44973 open will create a floating island pattern (if so ignore the below)
If buyers are serious with the amount of futures being held i believe we should be heading upside to 47900 / 49963 / 50617 to the upside

Lets hope market does what we believe, update from data will change the path laid.
This info is only for learning purposes.

Stay safe.. Trade according to your risk profile.

Let me know if you agree or disagree in comments... Looking forward

Best Regards
Komen:
19.01.2024
Sell below 45800 for target 45250 / 44400
Buy above 46666 for target as specified above / on chart
Penafian

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