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MohitKakkad

Bank NIFTY Bullish?

Long
Nifty Bank Index (NSE:BANKNIFTY)  
MohitKakkad  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Fibonacci Technical Indicators bankniftytrend bankniftytradesetup Fibonacci Retracement
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trendanalysis fibonacci indicator bankniftytrend bankniftytradesetup fibonacciretracement
Bank Nifty looks bullish on the charts BANKNIFTY

Simple analysis

1. RSI above 60
2. Cluster support indicated by horizontal line and fib retracement levels
3. Upward move on trend line break indicated by the downward trendline break
4. Unbroken uptrend indicated by the upward trendline
5. Big green candle

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