Wealthcam

BANKNIFTY in ASCENDNG CHANNEL .. chart analysed !

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY still in uptrend and have successfully broken out of a month long consolidation but now it is trading on very crucial levels, though it has broken out of a month long consolidation it did not show the strength and volume that was expected

expecting short term bullishness from here till banknifty sustains above 36200-36500 which is long range as a level but thats where more reversals would happen to continue the uptrend

will go short aggresively if breaks below 36500 if sustained below

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