Banknifty technical analysis. 2 JUNE 2022

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BANKNIFTY



In banknifty

Buy PE Below 35300. Target : 34650

Buy CE above 35700. Target: 36000

Comment:

Here,above we can see the market is following the trend.
If the trend line break then we can see a good upward movement.
If breakdown occur
Then,
We can BUY CE our target will be 35690-35700

Comment:

Or if downward breakdown occur then you can see by BAT NAVAROO200 pattern
And target will be 34655.

Comment:

As you can see that market break theTrend line and our target almost *achieved* 😇😇.

Comment:

Checkout our new updates and stay connected with us.👍👍👍

Trade closed: target reached

Comment:

In banknifty
I used auto harmonic pattern to predict the market if u also want to use this then follow the steps:

1) open "indicator" and search "auto harmonic pattern" and click on it.
2) open "settings" and go to "style" and remove "table".
3) this indicator will automatically generate targets.

And if u want to understand more then follow us and observe how we give targets and find levels.
👍👍👍👍👍👍

Trade closed: target reached:

Our next target also achieved.👍👍