Hourly chart shows M pattern breakout. Initially i though it is head and shoulder but instead it formed M pattern and trend indicates downward movement. (posted in my previous post).
Right now, on Daily chart it looks it didn't proceed with W pattern. BankNifty has trapped CE buyers who would have thought that it'll fill the gap upper side. Some downnside movement in past 3 days but it was a good fight. Bulls are not exhausted yet.
Right now, on Daily chart it looks it didn't proceed with W pattern. BankNifty has trapped CE buyers who would have thought that it'll fill the gap upper side. Some downnside movement in past 3 days but it was a good fight. Bulls are not exhausted yet.
Thanks.
TradeTech Analysis
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Super Profile - superprofile.bio/tradetechanalysis
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Thanks.
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/@TradeTechAnalysis
Website - tradetechanalysis.com/
Super Profile - superprofile.bio/tradetechanalysis
TradeTech Analysis
Telegram Channel - t.me/Tradetech2024
Youtube Channel - youtube.com/@TradeTechAnalysis
Website - tradetechanalysis.com/
Super Profile - superprofile.bio/tradetechanalysis
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.