BANK NIFTY price action trend analysis since covid 19
STEP 1
channal break out TGT 36145.6 DONE
How we calculate { CHANNAL RANGE *2 + BREAKOUT CANDLE CLOSE}
STEP 2
Trend lines 1 , 2 & 3 MAKES FLAG (PEANUT/TRINGLE) AND POLL PATTERN
Pattern TGT 42055
How we calculate {POLL RANGE + BREAKOUT CANDLE}
STEP 3
Trend lines 4 & GREEN CHANNAL AGAIN MAKE FLAG AND POLL PATTERM
Pattern TGT 39200
How we calculate {POLL RANGE + BREAKOUT CANDLE}
STEP 4
NOW WE SEEL A CHANNAL BREKOUT ALSO
Pattern TGT 40100
How we calculate {CHANNAL RANGE * 2}
SO WE GOT FOLLOWING PENDING TGT
STEP 2 42055
STEP 3 39200
STEP 4 40100
ANALYSIS GONE VOID IF BANK NIFTY PRICE ENTERED IN OUR 1ST CHANNAL