ankitdhiman167

ankitdhiman167

since 2021, there have been corrections ranging from 18% to 12%. Covid correction was 50%. But, we donot have covid like situation ryt now. Currently, we are almost 8% down from top. Since maket go up in long term, one can buy bnf accordingly considering maximum correction.

ankitdhiman167

Long Setup for playing swing in Bank Nifty, Locic is confluence of trendline and support

ankitdhiman167

Resons: HH HL formation Volume Breakout Consolidation Target- 149, 155 SL- 135

ankitdhiman167

Long Setup for playing swing

ankitdhiman167

Bullish Breakout

ankitdhiman167

Price action

ankitdhiman167

Support and resistance

ankitdhiman167

Reasons for bullish: 1.Trendline support 2.Good buying volumes in near past

ankitdhiman167

Logic is bearish Divergence in weekly chart. Target is 38% Fibonacci retracement. SL is just before recent top.

ankitdhiman167

I expect it to bounce back from trendline support