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BANK NIFTY SYMMETRICAL TRIANGLE WITH OPTIONS TRADING STRATEGIES

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Trend Analysis Gann NIFTY nifty50 niftyoptions niftybank BANKNIFTY sharemarket sharebazar bankniftyoptions gannangles
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chartpattern trendanalysis gann nifty nifty50 niftyoptions niftybank banknifty sharemarket sharebazar bankniftyoptions gannangles
Bank Nifty Symmetrical Triangles in Monthly TF.

May's Range: 36,400 - 38,600
Bullish: >38,600
Bearish: < 36,400
Short Strangles recommended for May Expiry given the low VIX.

Good Luck!
Comentarios:
Compare the two BNF triangles.
1) Yellow triangle, the price was sticking to resistance line before breakout.
2) White triangle the price is sticking to support line.

Can we expect a breakdown in May?

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