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NandanChaturvediTrade

Triangle pattern in BankNifty - Support at 50 EMA

Nifty Bank Index (NSE:BANKNIFTY)  
NandanChaturvediTrade  
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Symmetrical Triangle
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chartpattern symmetricaltriangle
Kindly note, this is only for educational purpose. If you decide to take a trade based on this analysis, kindly be responsible yourself or take advice from professionals.

BANKNIFTY is trading in a narrow range and forming a triangle pattern which usually breaks out on the higher side. If that happens, it will easily kick 500 points.

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