BANKNIFTY Downtrend Channel Broken
Downward channel broken in BANKNIFTY - one can go long with closing basis stoploss of 33600 on daily closing basis
NOTE - Consult your financial advisor before any investment decision on this study
NOTE - Consult your financial advisor before any investment decision on this study
Note
BANKNIFTY is trading below stoploss of 33600 - clear sign that the it will be back in the trading channel - today's closing below 33500 will be confirmation to close trade - review around 3.20 - 3.25pm NOTE - Consult your financial advisor before any investment decision on this study
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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.