Bank Nifty Bigger Targets Holding 45661.75 Daily closing basis
Now Look at the All well no of 45661.75. This was the the hourly SL for the Hourly PRZ long chart of 46196 to 46000 which i posted earlier.
Now Holding this SL of 45661.75 we look for 48156 which was the Prev ATH from where we fell.
A close above this we look for 1.272 pattern with targets of 49344 to 49457 and a close above it we look for 49780 to 50000 and above it we look for 50594 to 50701.
All together this is no looking back and calling it bear until we hold the SL of 45661.75(All well No on Daily) . We are already long at 46000 levels as per our hourly charts
Now Holding this SL of 45661.75 we look for 48156 which was the Prev ATH from where we fell.
A close above this we look for 1.272 pattern with targets of 49344 to 49457 and a close above it we look for 49780 to 50000 and above it we look for 50594 to 50701.
All together this is no looking back and calling it bear until we hold the SL of 45661.75(All well No on Daily) . We are already long at 46000 levels as per our hourly charts
Trade closed: target reached:
49780 to 50000 levels was target i posted and we got to 49924