BankNifty - Buy Setup

trendanalysis chartpattern waveanalysis banknifty bankniftytrend nifty50 niftyindia

BankNifty is giving a buy setup after giving a deep correction. It has tested the trendline after breaking above and is sustaining higher. One can take the trade now with stoploss and targets defined on the chart. Its a 1:2.75 Risk:Reward ratio.

Happy Trading!

trendanalysis
chartpattern
waveanalysis
banknifty
bankniftytrend
nifty50
niftyindia

Trade closed: target reached

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