Bank Nifty opened 90 points Gap up but corrected sharply to 21400 level. These sharp moves was due to triangle pattern waves.
Bank Nifty 15-min chart shows correction terminating in ED/Triangle like pattern. It looks like Bank Nifty is came out of triangle pattern and we may see sharp up move towards 21800/22000 in coming 1-2 trading sessions.
Tomorrow above 21575 target is 21670/21765. Below 21520 target is 21425/21330.
Bank Nifty 15-min chart shows correction terminating in ED/Triangle like pattern. It looks like Bank Nifty is came out of triangle pattern and we may see sharp up move towards 21800/22000 in coming 1-2 trading sessions.
Tomorrow above 21575 target is 21670/21765. Below 21520 target is 21425/21330.
Comments
Post a Comment