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Nifty Bank Index

STRONG REVERSAL but still showing indecisiveness

Oleh Wealthcam
As we can BANKNIFTY showed strong upmove as analysed in our previous analysis and we did see close to 2 percent upmove in single day and hence we still stand by our saying of buying the dip till our zone is respected but each time the zone gets weaker hence more of tests of the demand zone could lead to huge downfall as it would break both the trendline and the demand zone so plan your trades accordingly.
Candlestick AnalysisMultiple Time Frame AnalysisSupply and Demand
Wealthcam
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