After making Double bottom pattern, Banknifty retested it successfully, it seems to be short term bullish after giving rejection and follow-up bullish candle today on daily chart. a good risk reward ratio 1:2 go long.
Technal key Factor:
RSI above 50
Near 100 Weekly Ema
:
:
Entry above -49700
Target 1st -50611
Target 2nd -51666
Exit/SL - 48500
Technal key Factor:
RSI above 50
Near 100 Weekly Ema
:
:
Entry above -49700
Target 1st -50611
Target 2nd -51666
Exit/SL - 48500
Trade closed manually
Follow up candle not sustained
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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.