bijoy2526

BANK NIFTY attempting to break out of consolidation

Long
NSE:BANKNIFTY   NIFTY BANK
it has been consolidating since 17 th February.
breaking out of the channel will confirm its breaking out.
today it closes above 20 dma which is positive for it.
although it has formed red candle it has higher high and higher low.
it appears it is going to touch the channel line soon.
easy stop loss should be today's low.
don't forget to like my post.
follow me to get updates

Connect with me through t.me/bijoy2526
for stock index analysis and for short term swing trading setups.whtas app me 7587196158.
follow me in twitter.
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.