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AkmeAnalytics
Jul 10, 2020 11:55 AM

BankNifty View Long

Nifty Bank IndexNSE

Description

BankNifty makes a Wedge pattern. If it holds and giver reversal candlestick pattern near the upward trendline and above black horizontal line then you can expect upmove for next week.

In case it breaks the trendline, then do not short BankNifty rather wait for it to re-test the trendline.
Comments
ddsrawna
I think you perfectly analysed. Intra dip possibility more but closing above 22377 should held for your target 23400
AkmeAnalytics
@ddsrawna, Thank u and I fully agreed with your view as well. Let's see what happen next.
james_bond000
honestly speaking you are right. so enjoy the money .
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