[Short Term] Symmetrical Triangle Formation For Target 31400+

Nov 23, 2020

Charts showing symmetrical Triangle pattern formation in banknifty after the bullish move. More chances it will breakout the 29400 levels and continue its bullish rally towards the 31400+. After COVID-19 fall nifty recovered its all gain and trading all-time high but still nearly 3000+ points pending rally in banknifty from its high before the pandemic.

If banknifty trading above 29400 levels then it will touch the 30000 levels within 1-2 trading session. The further downside 1000 points risk is only if it trading below 28900.



Disclaimer: Consider this view as an educational purpose. Before taking any position take advise from your financial adviser.

Nov 25, 2020

Note

30000+ 1st target done in today's session

Dec 9, 2020

Note

30500+ 2nd target done in today's session