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Nifty Bank Index
Short

Weakness in NIFTYBANK

BANKNIFTY

Weakness Observed in this current uptrend wave.

Reasons

1. Series of HH - HL has been broken and a new LL has been created.

2. Continuous decrease in RSI indicates weakness in trend.


This Analysis is not a trade recommendation. It is completely for study purpose only. Do your own study and research before getting into the trades.
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BANKNIFTYdowntrendexpectedindianstockmarketlowerhighslowerlowTrend Analysisweakness
Abhi_The_Chart_Reader

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