Bank Nifty - We have analyzed the daily chart of bank nifty. The market is in the range for over 1.5 months. The price structure on Daily chart shows that it is forming a rounding top kind of pattern and the neckline is 43300 - 43400 zone. Once market trades below that zone we may see a huge fall in the price.
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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.