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Deepak_dc93

BankNifty , buy at 21652 from support level

Long
Nifty Bank Index (NSE:BANKNIFTY)  
Deepak_dc93 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wave Analysis BANKNIFTY NIFTY Technical Analysis LONG niftytrading bankniftytrading
9
0
trendanalysis chartpattern waveanalysis banknifty nifty technicalanalysis long niftytrading bankniftytrading
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 .
Trade closed: target reached

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Deepak_dc93
Triangle Chart Patterns , Descending Chart Pattern
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