42800 possible in banknifty
Dear Traders,
Upon analyzing the provided chart, it is evident that the Bank Nifty has recently experienced a breakdown of its lower trendline. This occurrence indicates a high probability of long unwinding, which in turn suggests a significant decline in the Bank Nifty by approximately 1600 points in the coming days. It is essential to plan your trades accordingly, taking into consideration this potential market movement. Additionally, it is prudent to exercise caution and avoid risking more than what you can afford to lose.
Do follow me for more trade ideas and analysis.
Upon analyzing the provided chart, it is evident that the Bank Nifty has recently experienced a breakdown of its lower trendline. This occurrence indicates a high probability of long unwinding, which in turn suggests a significant decline in the Bank Nifty by approximately 1600 points in the coming days. It is essential to plan your trades accordingly, taking into consideration this potential market movement. Additionally, it is prudent to exercise caution and avoid risking more than what you can afford to lose.
Do follow me for more trade ideas and analysis.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。