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Banknifty : Will it Break Up or Break Us ?!
Nifty Bank Index
Long
Banknifty : Will it Break Up or Break Us ?!
By InsiderB
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Updated
Apr 17, 2017
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Apr 17, 2017
We already have SBI symmetrical triangle expecting upside breakup but here BankNifty also providing similar chance.
Though in Both cases RSI shows bearish sign, well let's see where it gives break & then Plan the trade :)
Happy Trading !
Apr 17, 2017
Note
Well, Quite Opposite :)
Apr 18, 2017
Note
Apr 18, 2017
Note
Double bottom which formed yesterday itself, it it works 21750's on the cards for Banknifty
Apr 18, 2017
Note
Now whether it breaks upper limit is the game. Decide accordingly based on price action at tat level
BANK
BANKNIFTY
breakout
nifty50
SBI
Triangle
InsiderB
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