nmcapital44

Banknifty again 39000?

Long
NSE:BANKNIFTY   Nifty Bank Index
On daily time frame banknifty made a inverted hammer pattern and trading above 38000 will trigger buying, target will be 38660, 39000.

On 15 min chart falling wedge pattern is visible that too will active above 38050.

Intraday setup

Buy above 37650
Target 37720, 37890

Sell below 37440
Target 37220. 37080

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