prameshp

BANK NIFTY - READY TO TAKE OFF

Education
NSE:BANKNIFTY   NIFTY BANK
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4
IS BANK NIFTY READY FOR A TAKE OFF.

1. ON VERGE OF KUMO BREAK OUT

CONFIRMATION UPON CHIKOU SPAN GETTING FREE AND FUTURE KUMO TURNING BULLISH .

IS THE RBI VS. GOVT TUSSLE (PERSONALLY FEELING IT IS MADE OUT MORE BY MEDIA THAN THE ACTUAL ONE), GOING TO BE JUST ANOTHER EVENT PASSING BY.

COMMENTS INVITED.

THANKS
Trade active: Bank NIFTY respecting the strong Span B resistance line.... Let us see how the break out happens. For now, Bank Nifty is still ready to climb the wall of Span B.
Trade should be Active.

Next update tomorrow.
Trade closed: target reached: 30/11/2018
it worked out as per above patter, though it tested patience for few days in between.

But once it closed above the Kumo break out it went right upto the next resistance 27000.

For those who carried a good profit of 900 points.

Lets look out for next kumo break out or trend

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