vanathi

Bank Nifty - March 11

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price managed to sustain above 47700 zone but still it is unable to gain strength and now in consolidation zone.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47820.
Stop Loss : 47740.
Targets : 47900, 47980, 48040, 48120 and 48200.
Sell below : 47640.
Stop Loss : 47720.
Targets : 47580 ,47500, 47420, 47360 and 47240.

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Comment:
Testing the consolidation zone.
Trade active:
Short.
Comment:
T2 done.
Trade closed: target reached:
All targets done.

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