Nifty Bank Index
Long

BankNifty Expiry View 8 April 2021

161
Bank Nifty is making a flag
might remain in the range if opens flat else if breaks any of levels up or down,
then target levels are given accordingly...
Also, additionally as per Elliot this seems to be forming wave 2 of an impulse wave 3
and if breaks upper level then a good fast move upside is expected as wave 3 of 3 is impulsive.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.