KOTAK BANK & BANK NIFTY
Hello
Welcome to this analysis on Bank Nifty and Kotak Bank
On the hourly chart Bank Nifty appears to be ending its 5 waves up from Aug 23rd lows (this can stretch to 38000)
Kotak Bank in daily time frame is at a Bearish Harmonic AB=CD Pattern along with 1.27x its Fibonacci extension of the IHS breakout. (this can stretch till 1925)
Both can cool off a bit from these levels - approx 38% of its recent run up could be a retracement level
Welcome to this analysis on Bank Nifty and Kotak Bank
On the hourly chart Bank Nifty appears to be ending its 5 waves up from Aug 23rd lows (this can stretch to 38000)
Kotak Bank in daily time frame is at a Bearish Harmonic AB=CD Pattern along with 1.27x its Fibonacci extension of the IHS breakout. (this can stretch till 1925)
Both can cool off a bit from these levels - approx 38% of its recent run up could be a retracement level
Trade fechado: objetivo atingido
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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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.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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.