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Jayesh_chopra

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

Long
Nifty Bank Index (NSE:BANKNIFTY)  
Jayesh_chopra  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Beyond Technical Analysis BANKNIFTY range Parallel Channel breakout CE Trend Lines dowtheory education waitnwatch
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trendanalysis chartpattern beyondta banknifty range parallelchannel breakout ce trendline dowtheory education waitnwatch
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.
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