Nifty Bank Index
Corto

Banknifty - Inverted Flag Breakdown

Banknifty had been consolidating in the range of 25650 - 24950 for 7 trading days and finally broke down convincingly yesterday after RBI policy.

I can see a breakout of an Inverted Flag pattern that Banknifty -1.51% was forming.

Good opportunity to go short for a target around 23650.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.