bijoy2526

BULLISH CYPHER IN BANK NIFTY

Long
bijoy2526 Updated   
NSE:BANKNIFTY   Nifty Bank Index
BODY AT 'D' CLOSES JUST AT 78.6 RETRACEMENT OF XC.
LOOKING FOR REVERSAL FROM THIS POINT.
TARGETS SHOWN AS FIB LEVELS FROM C TO D AS SHOWN THE CHART.
STOP LOSS AS PER RULE SHOULD BE BELOW X.
HOW EVER PLEASE OBSERVE LOW OF FRIDAY IS BREACHED OR NOT.
Comment:
IF BANK NIFTY CLOSES BELOW FRIDAY'S LOW THEN IT MAY INVALIDATE THE PATTERN.
Comment:
SORRY B IS DISPLACED IN THE CHART LET ME REPUBLISH IT
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