Nifty Bank Index

Long

Fromimg triangle

Updated

Bank nifty has been trading as inside bar of the mother candle formed on 5 th may.
today it has formed the triangle as shown in the chart.
the target and stop loss are shown in the chart.
please go through my previous posts of bank nifty.

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snapshot

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need to take out arrow 1 important resistance.

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58 views but single like.

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move stop loss as shown in the chart

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now move stop loss shown in the chart.

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too much gap up.so no position as of now.long positions were squarred off earlier.

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facing resistance at 43585.it needs to over come that.

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after over coming that resistance bank nifty has rallied.

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next target will be missed by a whisker.Bank nifty need to close above 43770 .

Also on:

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Expected rally in progress.

It strides ahead towards the targets

It is likely to explode.

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