"Bank Nifty Daily" by trader AceSheth — published 2018-04-12

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NIFTY BANK (NSE:BANKNIFTY)

NSE:BANKNIFTY NIFTY BANK

Trend Analysis Fibonacci Trend Lines

trendanalysis fibonacci trendline

In three weeks of continued rally ,failed to close above 0.236 fib. And Just below the fib it made a downtrend formation with 3 candles.

Trade closed: target reached

Breakout was false..Hold on tight

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