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Arunraj_07
May 17, 2021 5:46 PM

Bank Nifty Triangle Breakout Long

Nifty Bank IndexNSE

Description

Banknifty has corrected from the top and available at 11% from high. It is near the breakout level and may witness a minor pullback to the short term support level. Buy only if breakout comes and keep the target as All time high. Good R:R ratio of 1:1.5. Potential profit of 1 Lakh. With 5 MPC planned for next 10 montht, further rate cut will give 10% rally easily.
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