bank nifty channel
as we can see with red trend lines it is respecting rising channel . But if this channel is broken we can short for precise target of 34774.
Then one can long here for target of 36732 But there is also possibility that index will rise from lower line of channel .
I have shown both possibilities of reversals with two arrows and reversal candle with long lower wick is already in that means buyers taking control
good luck
Then one can long here for target of 36732 But there is also possibility that index will rise from lower line of channel .
I have shown both possibilities of reversals with two arrows and reversal candle with long lower wick is already in that means buyers taking control
good luck
Note
near to target 36558 high madeTrade closed: target reached
finally hit our top trendline as target
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.