BANKNIFTY SPOT CMP 41668 CLOSING RATE AS OF 23 DEC 2022
1. BEARISH ENGULFING AT ALL TIME HIGH (ATH) ZONES if December 31 closing would be below 41552
2. Made doji in weekly charts at the ATH zones followed by a strong sell candle of a fall of 3.6%.
3. Just flirting with trendline on daily charts drawn from initial months of year 2022.
Initial signs of disruption are visible.
MOOD IS NOT GREEN. 7% further cut could be possible anytime soon.
1. BEARISH ENGULFING AT ALL TIME HIGH (ATH) ZONES if December 31 closing would be below 41552
2. Made doji in weekly charts at the ATH zones followed by a strong sell candle of a fall of 3.6%.
3. Just flirting with trendline on daily charts drawn from initial months of year 2022.
Initial signs of disruption are visible.
MOOD IS NOT GREEN. 7% further cut could be possible anytime soon.