Nifty Bank Index

BANK NIFTY closes below 20 dma.

811
to which point this correction leads before resuming uptrend let us see.
if it breaks the channel (small black) targets are S1,S2.S3.as shown in the chart.
in case of channel break bank nifty may attempt to fill up the gap as shown in the chart.
in case it does not break the channel wait for reversal to take place
impulse wave may start well in the channel and its beak out out of the channel may take place.
don't forget to like my post. follow me to get updates.
please go through the attached posts

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.