vanathi

Bank Nifty - March 26

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
We had choppy move in morning session and range move in afternoon session. Now price is consolidating at the trend direction deciding zone 47000.

Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47040.
Stop Loss : 46960.
Targets : 47120, 47200, 47280, 47340 and 47400.
Sell below : 46800.
Stop Loss : 46880.
Targets : 46720 ,46640, 46560 and 46480.

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Comment:
Gaining strength, choppy zone ahead.
Comment:
Unable to break the resistance so far.

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