Nifty Bank Index
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Banknifty updated levels,sell on rise will continue NPA issue

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How My Harmonic pattern projection Indicator work is explained below :

Recent High or Low :

D-0% is our recent low or high


Profit booking zone ( Early / Risky entry) : D 12.3% -D 16.1 % is

range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed

SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade

Target : T1, T2, T3, T4 and .

Are our Target zone

Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active.

Total we have 7 important level which are support and resistance area

Until , 16% not break uptrend will continue if break then profit booking will start.

If break 25% then fresh downtrend will start then T1, T2,T3 will activate

1,3,5,10,15,20 minutes are short term levels.

30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels

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