bijoy2526

BANK NIFTY some dips expected.

NSE:BANKNIFTY   Nifty Bank Index
It has retraced forming a right shoulder to the pre existing head and left shoulder.
let us hope neck line breakdown does not take place after rbi policy. other wise bears will have a
great party just imagining the height of head. Today my target was missed by a whisker.
Any long position should be initiated at lower level with strict stop loss.
I have shown only probable movement of bank nifty but it is not definite .
any long or short position should be with strict stop loss.

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