Wealthcam

Has BANKNIFTY just turned BULLISH..?

NSE:BANKNIFTY   Nifty Bank Index
As we can see despite the rejection in bigger time frame, it managed to recover almost till its ATH close on it. Watching it on a smaller time frame we can see it being in a inverted in a head and shoulders pattern which shows further uptrend hence any closing above last trading day could show huge upmove so plan your trades accordingly.

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