Nifty Bank IndexUpdated BANK NIFTY PRICE MOVEMENT - INTRADAY
1.Head & Shoulders formations and Elliot's Wave suggests bullish market (in 15 min chart) and might rally up-to 29860
2.But For that to happen,it must first break the Channel Resistance Line & 200 Period MA
3.On the Downside,It might reach till Channel Support ,which is 28890
2.But For that to happen,it must first break the Channel Resistance Line & 200 Period MA
3.On the Downside,It might reach till Channel Support ,which is 28890
Trade closed: target reached
On bullish side,price failed to break 200 Period MA and went bearish.Crossed below the Channel Support.
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