dhruvnarola

BANK NIFTY forming bullish pole and flag pattern

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NSE:BANKNIFTY   Nifty Bank Index
Bank nifty formed bullish pole and flag pattern with falling wedge pattern, with max drawdown to a level of 35422, which is also a round level of previous breakdown and resistance, the movement might turn bearish, or sideways if the level gets breaks otherwise the sight is still bullish as nifty forming all time highs and banknifty still not performing to play a role.

My view :-
Bullish buy at:- 35450 after testing 35422 & target :- 35911+
Bearsish sell at :- below 35422 and target :- 34924

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Thanks this is just my personal view

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