AshishChauhan_AlgoTrader

Banknifty What's Next??

Long
NSE:BANKNIFTY   NIFTY BANK
Banknifty closed at the trendline. Next move will depend on this trendline only.
From here if Banknifty do not break this trendline that is 20480-20490 range than a bounceback will b there to 20770-20780 range to 20920-20930 range.
But ift is broken then below 20480 we can see the downwards level till 20300-20310.
But for me as per my view downside is limited compare to upside.
Keep a watch...

$~ac~$
Ashish Chauhan,

Trade with Realtime Automatic Trading Signals.
For Breakout Intraday Stocks follow me @ https://twitter.com/passion8tradr
For Algo/Automatic trading Contact/Whatsapp @ +91-7895286939 or connect on Telegram- https://t.me/ashish_pt
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.