BANKNIFTY AGAIN EXCLUSIVE RESEARCH (must read)

VIEW
*YES OUR PRIVATE BANKING INDEX IS SHOWING HEAD AND SHOULDER PATTERN ON WEEKLY CHART
*IF THE INDEX BREAKS DOWN I AM EXPECTING A TARGET OF 30K-29K IN THE FOLLOWING MONTH
*YES INDEX IS OVERSOLD PCR IS DOWN BUT IT DOES NOT MEAN MARKET WILL FALL
*EVERYONE IS BUSY TRYING TO FIND THE BOTTOM BUT NO ONE IS TRADING WITH THE TREND

charts no one is talking about
indusind bank
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kotak bank
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private sector banking index
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icici bank
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axis bank
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now for relativeness check this us mkt index weekly chart we posted
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HOW WILL I POSITION THE TRADE
*index has a crucial support zone of 32400-31800
*it has tested it multiple times
*the bounce from those level have resulted in 4000-5000 point move atleast
*so if we close below 32000 on closing basis or below 31800 for safe traders
*i am expecting a move towards 30500-30000 in short-term from there the pattern can give a throwback/pullback
*once below 30000 it can extend towards 27000-28000 levels

DISCLAIMER
*my views are not trade recommendation
*please consult your financial advisor
*do not over trade
*manage risk and manage risk appetite
*for live market update click on the link in signature box
*it my personal channel for live F&O TRADES
👇👇👇
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