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Nifty Bank Index
Long

BANKNIFTY WEEKLY ANALYSIS - TRIANGLE BREAKOUT

By NK-PK
Updated
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
Moving AveragesSupport and ResistanceTriangle
NK-PK
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