Banknifty technical analysis
BANKNIFTY1!In banknifty by auto harmonic pattern we can see that if market break the resistance as u can see above. The market may retrace from target 1 and if target 1 also break then we can see a downward movement till target 2
Our mentioned targets are:. ( Which I got from auto harmonic pattern )
When banknifty below 32750
BUY PE Target 1 - 32500
Target 2 - 32000
If you also want to use such setup then follow the steps:
1) Go to indicator and search. Auto harmonic pattern.
2) Now go to settings and then in _style and uncheck the table.
3) Now it is ready. if Any pattern will form then will automatically show you the entry points and targets.
I hope it will help you😇😇😇
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.