Somanathrout

banknifty weekly gann view

NSE:BANKNIFTY   Nifty Bank Index
we can see banknifty again has entered the downward gann fan. But the rising speed and declining speed is totally different which I understand is it is just waiting to touch .236 after which it is likely to fly again. This analysis might work for years as we c are on all time highs two times now. And now we have an upward gann fan from the major bottom.
So, You can set this in your analysis too which might help you in taking major decisions .
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.