Bank nifty has shown diamond pattern breakdown at 50,400.
It has major support on 49,671.
If it is broken then further targets to follow as below based on diamond pattern,
49000 / 48200 / 47000 / 46500
It has major support on 49,671.
If it is broken then further targets to follow as below based on diamond pattern,
49000 / 48200 / 47000 / 46500
Note
Target1 Achieved: 49000 and also entered in Target2 Zone.Note
Target2 Achieved: 48200Trade active
Tagrte1 & Target2 Achieved. Now at decisive point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.