BANK NIFTY attempting to break out of consolidation
it has been consolidating since 17 th February.
breaking out of the channel will confirm its breaking out.
today it closes above 20 dma which is positive for it.
although it has formed red candle it has higher high and higher low.
it appears it is going to touch the channel line soon.
easy stop loss should be today's low.
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breaking out of the channel will confirm its breaking out.
today it closes above 20 dma which is positive for it.
although it has formed red candle it has higher high and higher low.
it appears it is going to touch the channel line soon.
easy stop loss should be today's low.
don't forget to like my post.
follow me to get updates