AmitGoel217

Bank Nifty wing Target @ 39600 - 40000

Long
NSE:BANKNIFTY   Nifty Bank Index
Flag pattern formation in progress on daily time frame. Has taken support at the gap level and is now showing strength. Resistance zone at 36549 - 37232 and resistance point at the ATH level. Will face some resistance at these levels, but I feel, it will eventually reach its swing target of 39615 - 40000.
Happy Trading
Amit Shreeram Goel
TradingOwl
Trade active:
The shown Supply Zone has been taken out and has now become the flip zone and can now be considered as the flip-support zone. Continue to hold for higher and eventual target f 39600-40000
Trade closed: target reached

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