8 banknifty analysis
the pridiction is for trending market for 8 augest monday banknifty
the pridiction is on the basis of side ways trending
rising trendline and resistance line creates a rising tirangle .
which indicates the deamnd will increase near resistance line .
if the deamnd is more than the suppy then we can expect a good momentum break out for call option with momentum
and same case goes for down trend vice versa ..
t1 and t2 are round level if it breaches the area of t2 and t1 then we can expect a good down trend market ..
the pridiction is on the basis of side ways trending
rising trendline and resistance line creates a rising tirangle .
which indicates the deamnd will increase near resistance line .
if the deamnd is more than the suppy then we can expect a good momentum break out for call option with momentum
and same case goes for down trend vice versa ..
t1 and t2 are round level if it breaches the area of t2 and t1 then we can expect a good down trend market ..
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