Bank nifty Has been in Parallel downward channel for past 5 months has given a clear breakout. One can wait for proper reversal from breakout to confirm the breakout.
Entry above 41000 daily close
Sl 40700 daily close
TGT 1 41600
TGT 2 42000
TGT 3 43000
TGT 4 43600
TGT 5 44150
Entry above 41000 daily close
Sl 40700 daily close
TGT 1 41600
TGT 2 42000
TGT 3 43000
TGT 4 43600
TGT 5 44150
Trade active:
Target 1 and Target 2 has reached sucsefully after retesting. Now we wait for retesting of target 2 for further uptrend.
Trade closed: target reached:
TGT 5 worth 4000 points up move in BN successful