Banknifty almost forming a symmetric triangle pattern with a decent range of 2-3 days and can give a good break out trade as it is sustaining at good levels
ENTRY - above or after upside trend line break out or re-test (if gap up)
STOPLOSS - at previous swing under the trend line (almost 49930)
TARGETS - 50900, Previous all time high
I'm not sebi registered this is my personal view
ENTRY - above or after upside trend line break out or re-test (if gap up)
STOPLOSS - at previous swing under the trend line (almost 49930)
TARGETS - 50900, Previous all time high
I'm not sebi registered this is my personal view
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.