Banknifty- Finding reversal Long

Nifty Bank IndexNSE

Description

⋅ Aug 2, 2017 3:57 PM

Current trend is very strong and doesn't look it will end before touching 25500-26000 area.

still bullish on trend and simultaneously RBI rate cut can help BN to cross 25500 hurdles.

Comment

⋅ Aug 3, 2017 7:18 PM

in.tradingview.com/chart/lv7YuEGX/

Comment

⋅ Nov 6, 2017 4:51 AM

target done

Trade closed: target reached

⋅ Nov 6, 2017 4:52 AM

Trend Analysis

Comments

venkaticr

⋅ Aug 3, 2017 2:58 PM

Will there be any strong support for bounce back or will go further down till 24400.

AvinashGaikwad

⋅ Nov 7, 2017 9:04 PM

@venkaticr, sorry not able to reply immediately as on holiday. now its late to answer your question.

venkaticr

⋅ Aug 3, 2017 6:31 AM

thanks. posting on bank nifty after a long time

AMBRISH

⋅ Aug 2, 2017 4:15 PM

Unable to read levels on chart. can you post snapshot of the chart?

AvinashGaikwad

⋅ Aug 3, 2017 7:03 PM

@AMBRISH, reversal area on chart is 25500-26000... probably bank nifty will make a new high in next week.

AMBRISH

⋅ Aug 4, 2017 2:44 AM

@AvinashGaikwad, Thanks,