Entry point for BankNifty to short
Updated
Identifying the entry and exit for patterns. according to last pattern I will suggest the entry point mentioned to short it.
The Exit point is equal to the length of the last curve. :)
The Exit point is equal to the length of the last curve. :)
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I am not saying the market will fall completely, I am giving intraday positions, the market will fall and might recover and form another pattern.NOTE THIS IS ONLY INTRADAY POSITION
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Target AchievedNote
Banknifty behaved exactly as per my analysis. It was bearish and opened with a gap down. opened at 19756 and closed close to 19629. A bearish chart acted perfect and ended lower than the opening number. :D
Hope you like my analysis.
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