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mkul1808

Banknifty Long Term analysis for uptrend

Long
BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
mkul1808  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns niftyanalysis bankniftytrend
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trendanalysis chartpattern niftyanalysis bankniftytrend
Banknifty BANKNIFTY has formed a W pattern on daily timeframe, over 60 bars, that is in almost 3 months. this is a classic reversal pattern. today BN has broken above W line. so it should break previous high of 39000 in next 3 months.
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