c4dilip

Bank Nifty, towards 25K !

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty – Touched high of 24,411 today. If the momentum continues it can move up till 25,200 which is a strong resistance on Daily charts. Today gave 211 points from the high of buying divergence (Yellow) candle on 15 minutes chart.

Indicator used TE REKAB, it captures reversals in the market.
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This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !

PS: Pls leave a like if you like my study. My funda is to keep trading simple !!
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