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dhruvchaddha

my views on banknifty

Nifty Bank Index (NSE:BANKNIFTY)  
dhruvchaddha  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wedge Rising Wedge fakeout breakdown
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trendanalysis chartpattern wedgepattern risingwedge fakeout breakdown
As we can see the price has been breakdown from the rising wedge in past and gave a nice down movement and now it's retesting the trendline and gave a fakeout so the more chances of banknifty is to go down as per my analysis !

let me know what's your views ?
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