#niftybank has created a Bearish Symmetric Triangle in the Daily Chart. On retracement to the broken trendline and the trap zones like the Reversal pattern, I expect it to come down from these levels.
Tomorrow there is a big event, the Union Budget is going to be published. This can bring in a lot of volatility. So, Play safe.
Disclaimer: Do trade at your own risk. This analysis is for educational purposes only. I am not responsible for any loss or profit you earn.
Tomorrow there is a big event, the Union Budget is going to be published. This can bring in a lot of volatility. So, Play safe.
Disclaimer: Do trade at your own risk. This analysis is for educational purposes only. I am not responsible for any loss or profit you earn.
Nota
80% of the target got achieved yesterday only during the budget, nice to see the price turned exactly from the area I marked.Operación cerrada: objetivo alcanzado
And as expected the Target of 3200 points in #banknifty has been achieved. The price has followed my analysis with great precision.
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La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.