Wealthcam

BANKNIFTY CHART ANALYSED FOR 16 APRIL

NSE:BANKNIFTY   Nifty Bank Index
Important levels to watch mentioned in chart ✅

We can see rising wedge pattern which is also known as reversal pattern frequently seen in bear market !!!

We can see some upmove to fill the pending gap in the first half and then continue its falling!! Make sure the levels are breached to take any positions !!

All the LEVELS provided stands much important as they’ve tested many times, rejected by both bulls and bears and hence breach of those levels with proper candle close can give unidirectional move ✅

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.