bijoy2526

BANK NIFTY should it bounce?

Long
NSE:BANKNIFTY   NIFTY BANK
Expanding triangle observed during consolidation.
I have hidden the pitchfork for clarity.
divergence seen between price and oscillator.
In case of long position extended a c e trend line should be the stop loss.(around 35510).
But trade with your manageable stop loss .
Today it violated the recent low in single hourly candle and managed to pull back.


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