BANKNIFTY 17th NOV view # pre-market analysis
After the clear breakdown from the triangle pattern, it retested the support level 35900-35850 and took a bearish move.
Now it formed a flag pattern,
upside view : if the flag resistance's trend line is broken upside with good volume candle then we can see a bullish momentum.
downside view : if it continues to move downwards, if can respect previous swing lows
Do let me know your views in the comments below!!
Now it formed a flag pattern,
upside view : if the flag resistance's trend line is broken upside with good volume candle then we can see a bullish momentum.
downside view : if it continues to move downwards, if can respect previous swing lows
Do let me know your views in the comments below!!
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