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Dec 10, 2021 3:59 AM

Banknifty round bottom.. Potential upmove coming Long

BANKNIFTY INDEX FUTURESNSE

Description

Upon breaking the top trendline of the Cup, there could be sudden surge of upmove coming. Target should be at least 39400-39600 zone

Trade active

breakout of the top trendline happened today first hour. Long entry at 37605, stop at 37350, target 39400 (Risk Reward ratio = 1:8)

Trade closed: stop reached

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