angelrishi
Long

Bullish on BankNifty

NSE:BANKNIFTY   NIFTY BANK
Seems like History will repeat as same patterns are appearing again, as mentioned in the chart. I expect 400 to 600 movement till the upward gap fill area, then bounce back/go ahead.
Mar 15
Comment: a) Inverted H&S
b) History repeating
c) trendline respecting (Banknifty Mar has 3 opints touching exactly, 4th has to come down till 24700 and bounce)
d) MACD giving Buy Signal
Mar 19
Comment: SL Trigerred

Comments

Entered @ 24700
Reply
I see

a) Inverted H&S
b) History repeating
c) trendline respecting (Banknifty Mar has 3 opints touching exactly, 4th has to come down till 24700 and bounce)
d) MACD giving Buy Signal

Fundamentally the Banking sector has starting improving.

Let's see now that things go as planned!
Reply
Hope for the best!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out