Bank Nifty

Atualizado
Bank nifty surprised me today by giving more trending movement compared to nifty. Bank nifty was lacking trending moves once its weekly expiry was reduced to monthly expiry. 😢
Coming back to the analysis, price is moving within a channel today. Price is testing the lower trend line of the upward channel and sustaining current level is important to be bullish.
Buy above 48740 with the stop loss of 48660 for the targets 48820, 48900, 48980, 49100, 49180 and 49360. Sell below 48560 with the stop loss of 48640 for the targets 48480, 48400, 48300, 48220 and 48100.
Do your own analysis before taking any trade.
Trade ativo
Long. Once again took support from lower trend line. T2 done.
Trade fechado: objetivo atingido
T3 done. snapshot
Parallel Channel

Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Também em:

Aviso legal