#Banknifty directions and levels for November 28th.
Current View:
The current view suggests that if the market declines, we can consider it a flat pattern, which means the range market will likely continue. Usually, flat patterns indicate a time correction, so even if the market declines, we can expect a pullback around the demand zone. This is our first variation.
Alternate View:
The alternate view suggests that a bullish cup and handle pattern is forming. If the market breaks above the top of the range, we can expect a rally continuation. However, we should note the breakout structure: if it breaks the range with a solid candle, we can expect a rally with some minor consolidation. On the other hand, if it breaks the range gradually, it may not rise significantly.
The current view suggests that if the market declines, we can consider it a flat pattern, which means the range market will likely continue. Usually, flat patterns indicate a time correction, so even if the market declines, we can expect a pullback around the demand zone. This is our first variation.
Alternate View:
The alternate view suggests that a bullish cup and handle pattern is forming. If the market breaks above the top of the range, we can expect a rally continuation. However, we should note the breakout structure: if it breaks the range with a solid candle, we can expect a rally with some minor consolidation. On the other hand, if it breaks the range gradually, it may not rise significantly.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。