AdhigamaTrading

Bank Nifty movement at weekly level

AdhigamaTrading Обновлено   
NSE:BANKNIFTY   Nifty Bank Index
Its clearly seen inside candle formation last week (in comparison to earlier week) and current week also inside candle formation seen since 2 days (mon, tue) based on last week, so its like inside candles since 2 weeks. So wait time for a big movement either on upside or downside.

Upside if it breaks, needs a lot of strength though to go up further and a retest of it can make a better price action movement.

Contrary on downside can be a little quick due to no support at weekly levels. Lets see

Please note its a weekly time frame!
Комментарий:
see how beautifully it broke down and took support before scaling up while forming a bullish flag pattern

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