Nifty Bank IndexLong
BankNifty Monday 05-July Analysis
Banknifty giving multiple confirmations for going long
1. Bouncing off from a major demand zone (34630)
2. Taking support and moving up from a major trendline
3. Almost breaking a trendline from above
4. Retracing back from 61%
5. Inverted head and shoulders formed
1. Bouncing off from a major demand zone (34630)
2. Taking support and moving up from a major trendline
3. Almost breaking a trendline from above
4. Retracing back from 61%
5. Inverted head and shoulders formed
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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.