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NileshChavan

Banknifty Positional Buy for 29600

Long
Nifty Bank Index (NSE:BANKNIFTY)  
NileshChavan  
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Technical Indicators Trend Analysis BANKNIFTY bankniftytrend bankniftylong bankniftyshort bankniftytrading bankniftytradesetup
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chartpattern indicator trendanalysis banknifty bankniftytrend bankniftylong bankniftyshort bankniftytrading bankniftytradesetup
Buy at 28217 Stoploss 27360 Target 29600
Reasons For Trade- 1.Price creating base near trendline support
2.Monthly Important support near 27630
3.On weekly and Monthly Chart strong bullish candlstick pattern is formed.
4.Risk Reward is 1:1.5

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