Nifty Bank IndexLong
12072 Triangle breakout
Updated
Reason for long
a) Triangle breakout
b) W formation
c) POC breakout
d) Short covering possible
e) Consolidation breakout possible
f) Duration : 1 month
g) HSP failure set up possible
a) Triangle breakout
b) W formation
c) POC breakout
d) Short covering possible
e) Consolidation breakout possible
f) Duration : 1 month
g) HSP failure set up possible
Trade active
active only, if 15 min closes above yesterday high
otherwise skip the trade
FII continuous selling may anti-deuterate the Indian market in this year. Better to enter when FII starts buying the stocks.
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