Bank Nifty for 16/05/2024

15 mag

BankNifty shows a downtrend in last few sessions and take a pullback, Bank Nifty formed symmetrical triangle pattern in last session, if tommorow Bank Nifty breaks symmetrical triangle pattern downside then we can expect a big move in downside or if it breaks upside the we can expect more pullback for 1 or 2 sessions, here are some levels for your information.

I am not SEBI registered analyst, this is only my personal view only for educational purpose