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manishmgupta

Is Bank Nifty looking weak ahead of RBI's meeting outcome

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
manishmgupta  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels bankniftyintradaylevels
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trendanalysis chartpattern banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyview bankniftytrading bankniftyoptions bankniftylevels bankniftyintradaylevels
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2

Earlier, Head & Shoulder pattern really worked well. Is Bank Nifty looking weak ahead of RBI's meeting outcome/hike? India VIX has jumped up more than 7.6% and close to 20% in last 3-4 days. Chinese army started drill which is also making market nervous. Volumes are low on buying side. Bounces are getting sold immediately. Is Bank Nifty continue to fall?


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