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Bank Nifty: The Confluence Zone
Nifty Bank Index
Bank Nifty: The Confluence Zone
By Bravetotrade
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Updated
Aug 24, 2017
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Aug 24, 2017
Currently in a confluence zone where a downtrend line meets the cypher PRZ. A downward reversal from this point may take BN back towards 23900-24000.
If there is to be a continuation on the upside, I would consider buying on a confirmation above 24400 for the target of 25000.
Trade Safe
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Bravetotrade
Aug 24, 2017
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Trend Analysis
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