johnyjoy

Banknifty probably to see a fall

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NSE:BANKNIFTY   Nifty Bank Index
The Zig-Zag trend line pattern which i invented a few minutes ago shows that the market will fall for the coming week. The volumes are low too. So we can expect that the distribution phase is over.

Disclaimer: I hardly have 1 year trading experience. Needless to say: All investment ideas published are for educational purpose only. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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