IIT-Trader

Fall Together from ATH

NSE:NIFTY   Nifty50指数
Observations:: NIFTY and BANKNIFTY
If we see the Nifty trending upwards....

If we see Bank nifty Trending downwards.....

These 2 indexes are behaving differently....

Bank nifty broken the ATH in the last month only....
Nifty if break today...will say that it will also break ATH...

Bank nifty index Price after broken ATH Reversal again and fall happens.

If today nifty also break ATH, then it may also reversal...
we may expect price fall like happens in bank nifty.
the price is also at its ATH, near its trendline Break...price may break trendline as well.

Before Going to Break ATH, price is in consolidation happens in Bank nifty.

In Nifty after Breaking ATH, will coming below may again consolidates....like happens in
Bank nifty.
consolidation may Happens here...or

Note::
Nifty is Near ATH, and If today Bank nifty will also come back to near its ATH,
then Both will fall together.

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