See the behavior of BSOFT. It moves upside, consolidates for a good period of time and again moves upside once it breaks the resistance.
Buy above 445 with a SL of 30-50 points (SL will depend on the candle that will break the resistance)
Target : Hold it till it again starts consolidating (Trail the SL as well.)
Shaken by the tumultuous selloff ?? not a matter of utmost worry though, because every dark patch is followed by some ray of light
as they say, every chart speaks, so, this is an attempt to try and listen what the chart of nifty bank is trying to say, particularly after a fast and furious meltdown
time-frame used is weekly, indicators applied are Bollinger...
