Bank Nifty Positional view !!
Bank Nifty may trade in the range : 38600 - 39449
Decision Range :39080 - 39161
Above 39161 : 39335/39449
Below 39080 : 38880/38624
A Inverse H & S kind of pattern has been formed in daily chart.
Breakout possible above 39449.
If it sustains above the level then a huge short covering possible.
And it may test all time high and beyond this.
Target may be 42000+
All levels are spot.
Profit booking range : 40-50 point max.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
Decision Range :39080 - 39161
Above 39161 : 39335/39449
Below 39080 : 38880/38624
A Inverse H & S kind of pattern has been formed in daily chart.
Breakout possible above 39449.
If it sustains above the level then a huge short covering possible.
And it may test all time high and beyond this.
Target may be 42000+
All levels are spot.
Profit booking range : 40-50 point max.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
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