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manishmgupta

Bank Nifty Head & Shoulder Pattern formation on 15M Chart

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
manishmgupta  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftyanalysis bankniftytradesetup bankniftyview bankniftytrading bankniftylevels bankniftyintradaylevels bankniftyoptions
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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

Bank Nifty Head & Shoulder Pattern formation on 15M Chart. My view is cautious in Bank Nifty. Today's gap up was sold, bulls got trapped in first half. Bears are trying hard to regain the control. Let us see how it goes in next few hours. Is it a good time to book profit in short positions or Bank Nifty will continue to fall today?
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