Momentum Trade Waiting to Happen Long

Nifty Bank IndexNSE

Description

⋅ Jul 29, 2021 4:27 PM

BANK NIFTY is indicating towards a directional move in the coming sessions

Descending Channels OR Pitchfork OR Mean Reversion seen
A decisive close above 29 July Open should indicate beginning of a short term up-trend
All Levels are marked on the charts
Cautious traders can wait for a decisive breakout above 35000 or Retest of 34800 RANGE (after breakout)
This is only an analysis and not any indication of TIP or Recommendation for taking and trades

⋅ Aug 3, 2021 10:04 AM

ALL who may have missed this , wait for a retest of the support or the channel TOP for initiating LONGS. SL of not more than 75 points

⋅ Aug 5, 2021 5:09 PM

Enjoy !!@!!

Comments

FourSTechnicalAnalysis

⋅ Aug 3, 2021 10:03 AM

Awesome !!