BankNifty , buy at 21652 from support level
I will go LONG on banknifty because:
1) The price is under Support/Resistance zone.
2) It has touched the support and may reach the resistance zone.
3) Target would be the Resistance area. Book profit when it reaches the resistance zone.
4) The price is also forming a Chanel or Rectangle Pattern .
1) The price is under Support/Resistance zone.
2) It has touched the support and may reach the resistance zone.
3) Target would be the Resistance area. Book profit when it reaches the resistance zone.
4) The price is also forming a Chanel or Rectangle Pattern .
Trade closed: target reached
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.