BANKNIFTY1!Price volume analysis
- compared to range and volume of candles formed at 1 and 2, point 3 is where the first time volumes came on downside with a wide range
- candle 4 is not entirely bullish, given the volumes, range should be wider, this suggests selling has occurred
- upmove that happened in 5 is on lower volumes and narrow range
- bnf remains weak for very short term
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.