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Nifty Bank Index
Long

BANKNIFTY || A BLUFF OR A SUSTAINED MOVE!

Par thechama3
Mis à jour
Bank Nifty as expected did not breach 29300 on the downside in today's trade. Rather it took support near 29550 and moved towards 29800 and in the process formed a bullish candle. Hence for tomorrow only it is possible that it will breach 29820 on the upside and not break 29500 for tomorrow only. Shall take it on a daily basis from thereon!
Note
Breaches 29820 and has not broken 29500 till now. A great trade for Option Buyers. R-R better and safe as well.
Note
A substantial move as per the daily candle. Delight for option buyers and sellers. Either way.Made a high of 29885.
BANKNIFTYbankniftylongChart PatternsHarmonic PatternsTechnical Indicatorsintraday
thechama3

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