Bank nifty- volume spread analysis
BANKNIFTY1!Price volume analysis
- compared to range and volume of candles formed at 1 and 2, point 3 is where the first time volumes came on downside with a wide range
- candle 4 is not entirely bullish, given the volumes, range should be wider, this suggests selling has occurred
- upmove that happened in 5 is on lower volumes and narrow range
- bnf remains weak for very short term
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