Multiple observations for Bank Nifty Daily Chart:
> Double Bottom Chart Pattern
> Bullish RSI Divergence
> Bullish Engulfing Candlestick Pattern
> 38.2% Fibonacci Retracement done from September Low of 20404.9
A break above today's high could take it to next falling trendline close to 34500.
(Not an investment advise)
> Double Bottom Chart Pattern
> Bullish RSI Divergence
> Bullish Engulfing Candlestick Pattern
> 38.2% Fibonacci Retracement done from September Low of 20404.9
A break above today's high could take it to next falling trendline close to 34500.
(Not an investment advise)
Note
Breakout confirmed.Note
A close above 31978 (Previous week's close) would be another sign.Note
Going pretty well.
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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.