Niftydirection

Banknifty consolidation in Triangle breakout awaited

Long
NSE:BANKNIFTY   NIFTY BANK
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant .

Stop loss 34893

Wait for confirmation close above 36464 for given targets

If wave 3 extends beyond 1.618 levels then 50k is no big deal.
Order cancelled: Posting correct chart