We have observed a trendline breakout in Bank Nifty. Based on this breakout, one can consider planning a long position with the following targets:
Target 1: 51,500
Target 2: 51,800
Target 3: 52,000
Target 4: 52,500
Important Note: If this breakout turns out to be a fake, the index may sharply reverse and move downwards.
Target 1: 51,500
Target 2: 51,800
Target 3: 52,000
Target 4: 52,500
Important Note: If this breakout turns out to be a fake, the index may sharply reverse and move downwards.
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.
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.