BankNifty Analysis!! Bull Run Started??
BankNifty Analysis on Weekly Timeframe
BankNIfty has given a Breakout to it's Resistance level as well as it's Resistance Trendline. We have seen the bull run int the last 2 Weeks. BankNifty rallied very interestingly after Breakouts to it's important levels. We can see further upmove in the BankNifty if this rally continues.......
Targets- 1) 43099.85 2)43582.80 3)44161.60
Disclaimer= All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
BankNIfty has given a Breakout to it's Resistance level as well as it's Resistance Trendline. We have seen the bull run int the last 2 Weeks. BankNifty rallied very interestingly after Breakouts to it's important levels. We can see further upmove in the BankNifty if this rally continues.......
Targets- 1) 43099.85 2)43582.80 3)44161.60
Disclaimer= All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
Trade active:
Target 1 has Reached and candle closed above it
Trade active:
Target 2 has Reached and BankNifty is trading above it
Trade active:
Banknifty closed above Target2. Soon will Reach Target 3.
Comment:
Target 3 has achieved and BankNifty is trading at All Time High!
Comment:
Target 3 has reached and Banknifty is Trading around it's All Time High levels!
Trade closed: target reached:
All Targets has been reached successfully as per our Analysis!
Avinash K.
As we can see, our 2 Targets has been reached!