kugan_vel

Short term trade setup

kugan_vel Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty trading near the trendline formed in Jan 2022. If there is going to be a reversal here, it may take support at 50MA - 37740. If this trendline is broken upside, target should be the over the multi year trendline marked.

This post is for learning purpose. Analyze before doing any trade.
Trade closed: target reached
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