#BankNifty's route=map for 17th May

2022년 5월 16일

I have mentioned both LONG & SHORT levels along with all support & Resistance levels too as i found important.

Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.

This Analysis has Based on Harmonic Pattern, Fibo & Price action.

Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively.


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HAVE A GOOD GREEN TRADE

2022년 5월 17일

노트

As can be seen there are several swing's Top, coz price has tried many time to break 34000 level & failed. coz its another Zone above 34k, if price get entered once it will start trading above & above only.

Be careful around 34160-80, its Trap area. if close above 34200.
Then 34500-50.

2022년 5월 17일

노트

Don't consider any SHORT position until price close below 34015...
It's just a illusion creating by writers....

LONG only above 34215-20....should wait till then

2022년 5월 17일

노트

Short level changed, now it will be Below 34045 after candle close...

2022년 5월 17일

노트

Pattern is so close to complete...so chances are there that price will touch 34300 today.