Novicetrader2015

Bank Nifty - Getting ready for another bull run

Long
Novicetrader2015 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty has formed a bullish flag on 15 and 30 min TFs after making a double bottom in bigger TFs.
Looks good for another 1000-1500 rally minimum

Consider to go long in bank nifty in coming sessions once 34150 is broken and sustained in 15-30 minute candle.

P.S. Flag view gets negated if 33450 is broken in 30 minute candle close
Trade active:
Made a high of 34450, can book 50%
Trade closed: target reached:
Bumper profit, book full
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