sbvinith

10 % up move possible in bank nifty

Long
NSE:BANKNIFTY   Nifty Bank Index
41800 needs to be taken out for confirmation, stop loss 39800. Make or break level, so risk is significantly high. Going long in small quantities and adding as the wave progresses. MACD is negative on daily and weekly (so caution is advised)
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.