BANK NIFTY UPDATE

PROBABLE PATH OF BN IN JUNE MONTH

A SMALL BEARISH WW MAY DE DEVELOPING(IN BLUE LINES) OF 

WHICH PT5 MAY FORM NEAR 15750-800 RANGE TOMORROW AND

 TRGT PRICE COMES NEAR 15200 TILL THURSDAY 12TH JUNE

PT5 OF ABV PATTERN MAY FORM PT3 OF A LARGER BEARISH 

WW(IN PINK LINES) IN BN CHARTS AND TRGT PRICE NEAR 15200 

OF ABV PATTERN MAY FORM PT4 OF LARGER BEARISH WW 

PATTERN

PT5 OF THIS PATTERN MAY FORM ABV 16000 (TILL 23RD JUNE) 

AND TRGT PRICE COMES NEAR 15000

THE ABV WW PATTERNS ARE DEVELOPING WITHIN AN

EXPANDING

TRIANGLE (IN BLACK LINES)

SUSTAINING BELOW 15000 BN MAY TEST LOWER TRENDLINE OF 

EXPANDING TRIANGLE PATTERN NEAR 14300

GREEN LINES INDICATING PROBABLE PATH OF BN IN JUNE

15800-15200-16000-15000???