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Nifty Bank Index
Long
Updated

BANKNIFTY WEEKLY ANALYSIS - TRIANGLE BREAKOUT

101
The chart is self-explanatory and shared chart for educational purposes.

  • Bank nifty is trading above the moving averages of 50MA, 150MA, and 200MA.
  • And also trading above the supply zone.
  • Triangle breakout with retracement; can expect with an uptrend.
Trade closed: target reached
NK-PK
Also on:
Moving AveragesSupport and ResistanceTriangle

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.
Moving AveragesSupport and ResistanceTriangle
NK-PK
Also on:

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.