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rvijayanand

Bank Nifty on verge of a break out. Watch out!!!

Long
Nifty Bank Index (NSE:BANKNIFTY)  
rvijayanand  
NSE:BANKNIFTY   Nifty Bank Index
Wedge Head and Shoulders Moving Averages BANKNIFTY breakout wedgebreakout newhighs NIFTY
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wedgepattern headandshoulders movingaverage banknifty breakout wedgebreakout newhighs nifty
Potential break out for Bank nifty if it sustains above 35500 in 1 hr candle. As you can see candle is at the top end of a wedge pattern in Long term and a reverse head and shoulder pattern in the short term. This can get Nifty to all time high in the coming weeks. Fingers crossed.
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