aman12
Short

BankNifty, Head and shoulder formation is in process.

NSE:BANKNIFTY   NIFTY BANK
Hey Guys,

BankNifty bounced back quite nicely after the fall in September, Now it is ready for the bigger(Global causes also suggesting that) fall which is going to lead it towards 20500 levels if it completes the Head and Shoulder pattern.

What do you see now?
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aman12 chandru81
@chandru81, Still I don't see any change, it has to close above 27500 with the momentum.
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@aman12, above 27500 is it a buy?
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aman12 chandru81
@chandru81, If you are looking for a long-term perspective than you should wait, for the trading purpose it depends on the situation
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