Nifty Bank Index

Long

BANKNIFTY - BULLISH BAT

Updated

Banknifty is forming bullish bat pattern, hence market is likely to go down for another 500 points, before it reverses from PRZ.

Note

As said, BN has came down 500 points. Now, it is a Bull turn for minimum 200 points

Trade active

Note

Traders can take the position in between PRZ

Note

Bank Nifty is active for buy. Maintain strict stop loss at 30850

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.