Inverted Head & Shoulder seen in Banknifty.
There is a Gap from 33800 to 34350 upside.
Chances of filling this Gap is high.
33200 has come out as a good Support Level.
Today Banknifty open above the yellow trendline on 1 Hr Chart and mantained above this trendline indicating a up move in coming days.
Two resistance levels upside after Breakout from 33800 level are 34350 & 34800.
Banknifty:-
Buy above 33800
T1 - 34350
T2 - 34800
SL - 33200
Please consult your financial advisor before investing. This is only for Educational Purpose.
There is a Gap from 33800 to 34350 upside.
Chances of filling this Gap is high.
33200 has come out as a good Support Level.
Today Banknifty open above the yellow trendline on 1 Hr Chart and mantained above this trendline indicating a up move in coming days.
Two resistance levels upside after Breakout from 33800 level are 34350 & 34800.
Banknifty:-
Buy above 33800
T1 - 34350
T2 - 34800
SL - 33200
Please consult your financial advisor before investing. This is only for Educational Purpose.