vanathi

Bank Nifty - Feb 26

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
This week price moved within the range of 46300 to 47400. Price gave break out and also consolidated which gave choppy moves. So what we can expect for monday? Will the price break this range?
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 47120.
Stop Loss : 47040.
Targets : 47200, 47280, 47360, 47440 and 47560.
Sell below : 46860.
Stop Loss : 46960.
Targets : 46780 ,46700, 46620 and 46540.

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Comment:
Trend line resistance.

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