TradingView
bijoy2526
Dec 5, 2020 10:59 AM

BANK NIFTY....overcomes resistance at 29800 Long

Nifty Bank IndexNSE

Description

after struggling there for 3 to 4 days
it overcomes the resistance...
if it over takes target 6 target 7 is possible.
please check the attached hourly chart.
Comments
bijoy2526
was trying to post 1 hour chart but it is not accepting...publishing 1 hr chart separately.
bijoy2526
clearly a symmetrical triangle breakout has taken place. bank nifty is now at the center line of the channel. if it overcomes it target 7 shown in the daily chart is possible.
reddysathvik1992
@bijoy2526, hi sir, thanks for your views so it should breach resistance line in 1 day candle or 1 hr candle ?
More