Nifty Bank IndexLong
Bullish Breakout in Bank Nifty
Updated
Bank Nifty may give a breakout of inverse head and shoulders. Neckline is placed at 41350.
So we recommend traders to enter the long trade when there is a breakout of 41350 in running market. Avoid Gaps.
Targets based on the important levels are given yet we suggest traders to keep trailing it.
Stoploss is little far. Any closing of 5 mins candle below 41145 or crossing below 41100 would strictly be meant for exit.
So we recommend traders to enter the long trade when there is a breakout of 41350 in running market. Avoid Gaps.
Targets based on the important levels are given yet we suggest traders to keep trailing it.
Stoploss is little far. Any closing of 5 mins candle below 41145 or crossing below 41100 would strictly be meant for exit.
Trade active
Pattern valid
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