TDXPRIME

bank nifty channel

Long
NSE:BANKNIFTY   NIFTY BANK
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

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