NIFTY BANK: Monday Analysis

The bank performance from last couple of days is not impressive. As we notice it on daily charts that the bank nifty is falling from few couple of days and now taking support from very important 50 days moving average.

My Analysis is simple

: On 30 minutes time frame Bank nifty is taking support and the breakout of the trendline is happened.
: With for the big green candle and enter in the trade to the targets of 2:1 risk reward ratio.

"I am not a SEBI registered broker so kindly consult with your financial advisor before entering into any of my trade"

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