BANK NIFTY - 08.08.2022 - DAILY & 15 MIN CHART - BAHAVAN CAPITAL
BANK NIFTY as per Daily chart Analysis and 15min Chart analysis these are my observations
Daily chart analysis as per Elliot wave the 5th wave gets completed at 38106 level. As well as on a 15 minute chart the 5th Wave gets completed at 38106 level.
I also observe Head and Shoulder pattern on a 15 minute chart and having 38106 level resistance the market should become bearish after testing it and take a support at 38000 level. Once 38000 is broken i anticipate to come down till 37825 level.
Happy Profitable Trading to all...
Daily chart analysis as per Elliot wave the 5th wave gets completed at 38106 level. As well as on a 15 minute chart the 5th Wave gets completed at 38106 level.
I also observe Head and Shoulder pattern on a 15 minute chart and having 38106 level resistance the market should become bearish after testing it and take a support at 38000 level. Once 38000 is broken i anticipate to come down till 37825 level.
Happy Profitable Trading to all...
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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.