Jayesh_chopra

Giant move expected in bank nifty by the end of the month.

Long
NSE:BANKNIFTY   NIFTY BANK
Bank nifty has been consolidating in a narrow range of 34093 to 36230 that is 6%, and if we look carefully there is a trendline from may 2020 which bank nifty respects and takes supports from, and in the past 10 days it has hit the upper poart of the channel that is 36230 on 7 occasions so we can expect a good move in bank nifty when it comes near to the trendline.

Comments

Now it brokedown
+1 Reply
@Omsai1238 But it is still taking its support from the trend line.
+2 Reply
Omsai1238 Jayesh_chopra
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