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Nifty Bank Index

Banknifty analysis - logic and plan

pranav_nanavare tarafından
EXPLANATION : This is a 15 min time frame chart of BANKNIFTY . It has been consolidating at previous Resistance zone and formed the Evening star pattern . ( An Evening start is a candlestick pattern that is used by traders for analyzing when the uptrend is going to reverse to a downtrend ) If give a strong breakdown and continue his pattern , I am bearish on BANKNIFTY . If give a strong breakout and retest ( Resistance become Support ) , I am bullish on BANKNIFTY . Levels are marked in chart , enter as per your setup .
BANKNIFTYbankniftyanalysisbankniftytradesetupbankniftytrendbankniftyviewCandlestick AnalysisChart PatternsEvening StareveningstardojimarketstructureTrend Analysis
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