Head & Shoulder Neckline breakdown Pattern seen in Banknifty

14 thg 8, 2023

Hello Dear Traders. I hope you all will be doing good in your trading career.

Guy's we have seen Head and Shoulder Neckline Breakdown Pattern in 30 mints chart and Banknifty also have broken Important support zone of 44200-44300. Chances are high we can see sharp downfall from here, So guy's plan your trade accordingly. Global news also coming negative and FIIs also have sold in good volume in friday session. Let's see what is going to happen.

Important levels for Banknifty:-

Sale From current levels, even if you see gap down take it in less qty and accumulate in the range of 44200-44300.
Targets we can see 43941/43702/43531.
Keep stop loss at 44587.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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