Double Top pattern in BANKNIFTY

16 Şub 2022

In today's session, Banknifty formed double top pattern on 30 minutes time frame. Currently it's trading near support(Neckline) level of this pattern. According to pattern in case banknifty gives breakdown of this support level then expected downside target of 37280 level which is height of this pattern from it's neckline. Intermediate support possible at 37550. Any breakout pullback possible from this support level.

17 Şub 2022

Not

37550 Done