Index looking Weak, further correction possible

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Nifty Bank Index (NSE:BANKNIFTY)

NSE:BANKNIFTY Nifty Bank Index

trendanalysis indicator waveanalysis bankniftytradesetup bankniftytrend bankniftyview bankniftylevels

After a sharp correction, The banking index is showing further weakness. Index is forming a inverted flag type pattern and upon breaking the previous support a good fall is possible.

keep the index in radar

****** Note - this is my personal opinion and it might be wrong & this is not a trading advice ******

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