BANKNIFTY BY KRS Charts
Date: 20th Aug 2024
Time: 2:48 PM
Correction Phase over in BN?
1. In D TF, it was correcting in Downside channeling and on 6th Aug it made its final low for that correction
2. During whole Aug, BN was a sideways so far and made Double Bottom with 6th Aug and 14th Aug low.
3.Today BN finally Breakout neckline of D Bottom and sustaining the levels.
Target ~51750 and likely new upside move will continue from these two lows.
Time: 2:48 PM
Correction Phase over in BN?
1. In D TF, it was correcting in Downside channeling and on 6th Aug it made its final low for that correction
2. During whole Aug, BN was a sideways so far and made Double Bottom with 6th Aug and 14th Aug low.
3.Today BN finally Breakout neckline of D Bottom and sustaining the levels.
Target ~51750 and likely new upside move will continue from these two lows.
Trade closed: target reached
And its 51750 🤩✅
Note
Further View - still Bullish for another Target ⬆️ - 52500 ⚠️⚠️Trade active
Target 2 Is On !!!!
52500
Trade closed: target reached
T2 Achieved 52484 High Today 🌟🤩✅
All Done for Bank nifty 🎯🎯
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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.