Nifty Bank IndexShort
BANKNIFTY, Ascending-Wedge PATTERN
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Welcome to this analysis about BANKNIFTY , we are looking at daily timeframe perspectives. BANKNIFTY in recent times heavily increased with bullishness however it now moved into an overbought condition. BANKNIFTY is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BANKNIFTY is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how BANKNIFTY has emerged with this key ascending-wedge-formation marked in my chart with the black boundaries. BANKNIFTY is near 36000 region which is an important resistance and also psychological resistance-mark together with the upper-boundary of the ascending-channel-formation a pullback
In this manner, thank you for watching my update-analysis about BANKNIFTY and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Welcome to this analysis about BANKNIFTY , we are looking at daily timeframe perspectives. BANKNIFTY in recent times heavily increased with bullishness however it now moved into an overbought condition. BANKNIFTY is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BANKNIFTY is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how BANKNIFTY has emerged with this key ascending-wedge-formation marked in my chart with the black boundaries. BANKNIFTY is near 36000 region which is an important resistance and also psychological resistance-mark together with the upper-boundary of the ascending-channel-formation a pullback
In this manner, thank you for watching my update-analysis about BANKNIFTY and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
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