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From a longer perspective, there is a still problem in BANKNIFTY
Nifty Bank Index
Short
From a longer perspective, there is a still problem in BANKNIFTY
Di Trade-Technique
Segui
Segui
24 lug 2019
9
7
21
21
24 lug 2019
Long term
tight channe
l since 2016.
3 excesses at the value and one excess at value low.
5 waves
are completed.
A previous Resistance and
Wave(3) at
28227
(can be upcoming support).
50 days moving average is at
28080 nearby
(too far for work as support).
Measurement of all falls mentioned in the chart, as per this measurement expected current until 13th Aug 2019(approx. plotted).
Conclusion:
From a longer perspective, there is a still problem in BANKNIFTY.
BANKNIFTY
banksecret
downtrend
india
long-term
nse
Parallel Channel
Pivot Points
Supply and Demand
Support and Resistance
timecycle
Trade-Technique
Segui
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