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jeetudixit
Aug 12, 2020 12:15 PM

Banknifty inverted flag pattern Short

Nifty Bank IndexNSE

Description

Banknifty had formed inverted flag pattern and if it breaks 21900 level will fall 2000 points.

Levels on the chart

Disclaimer: Given views is for study purpose any trade taken is individuals responsibility
Comments
Thunder918
i personally feel that , this situation might not arrive, given the current consolidation going on in Pvt banking stocks.
it will test 23000 levels once before any such profit booking comes in
however markets are supreme.... lets see what happens.
jeetudixit
@Thunder918, Markets are supreme and don't know how it will change.
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