GaneshWadhwa

Inverted HnS pattern in BANKNIFTY

Long
NSE:BANKNIFTY   NIFTY Bank Index
BnF is forming an inverted head and shoulder pattern. It can give a good move if we see a strong breakout which will induce short covering. Targets can be retest of Previous ATH. Wait for a breakout, don't make inconclusive entries
Trade active:
Good breakout and retest done
Trade active:
Starting the upwards journey
Trade active:
Close to our target i.e. test of previous lifetime highs
Trade closed: target reached:
NEW ATH
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