vanathi

Bank Nifty - Apr 29

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price faced resistance and fall down nicely and it is bullish as long as it sustains above 48160. Now it has formed a mini channel.

Pattern : Channel(Mini).
Range : Medium.
Trend strength : Normal.
Buy Above : 48180.
Stop Loss : 48100.
Targets : 48260, 48340, 48420 and 48580.
Sell below : 47960.
Stop Loss : 48040.
Targets : 47880 ,47800, 47720 and 47620.

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Comment:
Channel BO.
Comment:
Good move.
Comment:
Mini channel gave Mega move. :)

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