vanathi

Bank Nifty - March 4

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price gave very good movement on friday. Now it has formed rising wedge pattern which is bearish. Will the price move up or fall down?

Pattern : Wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 47320.
Stop Loss : 47240.
Targets : 47400, 47480, 47560 and 47660.
Sell below : 47120.
Stop Loss : 47200.
Targets : 47040 ,46940, 46860 and 46780.

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