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...
Stock has completed its pattern formation phase and now has given a clear and comfortable breakout over the levels 30, position can be made with the respective stop-loss for the mentioned targets.
