NSE:BANKNIFTY Bank Nifty Update for 26th October 2021 ============================== BANKNIFTY INDEX has outperformed NIFTY and is trading on ALL-TIME-HIGH levels.
Index is continuously making higher highs & now has formed HARMONIC ABCD pattern. Here's the trade setup for today:
For buying: The pattern will be activated above 41,800 and a bullish momentum will be seen if the price sustains above it.
Possible targets on the upsides are 42,000/42,200/42,400/42,600
For Short: Short will only be activated below 41,000 levels