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sandeepvardhan08

WHERE BANKNIFTY HEADING TODAY?

Nifty Bank Index (NSE:BANKNIFTY)  
sandeepvardhan08 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
BANKNIFTY given a breakout yesterday and closed above the top trendline. So, today there are 2 possibilities in banknifty, one is : taking support at top trendline and rallying to the next resisitance. Sencond one is : break down of top trendline and again trading in the descending triangle pattern. Lets see what happens today.
Comment:
Broken out and rallied to next resistance
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