TradZoo

Rising Wedge Pattern in BANKNIFTY

NSE:BANKNIFTY   NIFTY BANK
Since last few trading session banknifty trading in rising wedge pattern. If banknifty bounce back from 36050 level expected it will continue this zone till 36450+. In case upside breakout of this pattern expected 36950+ target in upcoming trading sessions. Downside possible 1000+ points possible if its trading below 35900-. All detailed levels and details mentioned in chart.
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Comments

Touched top rising wedge line and then 1200 points down :) , Superb analysis..
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