Nifty Bank Index

BANK NIFTY Analysis / Observation 40000

420
BANKNIFTY

I strongly believe this is not a breakout, and might be a fake one as NIFTY HASN’T BROKEOUT YET
If NIFTY BANK breaks and closes above the parallel channel, then i may re-think about my analysis

Here’s a link to my previous Analysis
https://in.tradingview.com/x/yrk41aUu

I’m still thinking it may play out, keeping in mind of foreign markets.

Watch for breakout and close above the parallel channel and invalidation of H&S.

Share if you like it

PS: THOSE IS FOR EDUCATIONAL PURPOSE ONLY

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.