teamGapup

what will happen to bank nifty tomorrow ?

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty has been in traveling in the RISING WEDGE PATTERN for the past 3 months . we are at the crucial point.Either it as to break up or break down.we cant determine the gapup or gapdown.So we have to wait and watch. IF the candle takes support from the trend line tomorrow as mentioned above we can go long till the above mentioned targets. Now what to do if bank nifty falls,we will wait for the retracement to the same trend line. Thank you.

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