c4dilip

Bank Nifty, V Shaped recovery!

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty – closed at 24,635 today. Amidst huge volatility Bank Nifty touched high of 24,823, gave 468 points upside in 15 minutes chart from closing high of the buying divergence (Yellow) candle. To touch 25K it will have to break immediate strong resistance between 24,770 – 24,800.

Indicator used TE REKAB, it captures reversals in the market.
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The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.

This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.

Happy Investing !

PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple !!
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