Bank Nifty after giving good upswing has been consolidating and one can go long if it sustains above 38120 for targets of 38450 , 38850 snf 39350 and stoploss should be 37850 . Any voilation of the trending support lines makes the above trade null. Please trade on your own risk and this is not an investment advice whatsoever. Please do consult your financial advisor before taking any trades. This is purely for educational purpose and understanding
Trade closed: target reached:
BankNifty made a high of 38800
Trade closed: target reached:
Bank Nifty almost reached Target 3 of 39300+ . However trade was closed yesterday after getting a good risk to reward . Thanks and Happy Trading to everyone who made money from this analysis.