ViVenTraders

Bank Nifty - Next Stop 41000 ??

Long
NSE:BANKNIFTY   Nifty Bank Index
Banknifty heading towards 41000 ??

Technically YES, as per the analysis it is forming W - Pattern and currently at resistance. We can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing entry to go long keeping SL 38800 - Target we can expect another 1500 Points move that is 41000 will be tested soon.

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