Bank Nifty levels (for 04-04-2024) are given for learning purposes only
Key factors:
Still Bank Nifty is in consolidation mode, so it is not giving trend direction.
Scenario 1: If it touches level 48161then it will form a double top (pattern).
Scenario 2: If it crosses 47661 and sustains then it will go up to 46995.
Key factors:
Still Bank Nifty is in consolidation mode, so it is not giving trend direction.
Scenario 1: If it touches level 48161then it will form a double top (pattern).
Scenario 2: If it crosses 47661 and sustains then it will go up to 46995.
Trade chiuso: obiettivo raggiunto:
As per our scenario 1, BN reached 48161 level and formed double top.