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MDstockmagic

BANKNIFTY in contracting triangle

Nifty Bank Index (NSE:BANKNIFTY)  
MDstockmagic Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Wave Analysis BANKNIFTY
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trendanalysis chartpattern waveanalysis banknifty
BANKNIFTY in contracting triangle... range is slowly contracting 36400--36800 with Gann Resistance 36865..

Bulls need to sustain above this

breakout or breakdown will decide further clear trend

Comment:
breakout @36700

now immediate gann resistance to cross for bull 36865
Comment:
after breakout made high near 37390

part booking advisable

now hrdle 37500--600
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