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praveshk2

BankNifty long setup if closes above 46580 on 1 hrs chart

Long
Nifty Bank Index (NSE:BANKNIFTY)  
praveshk2  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
As seen on 1 hrs chart trendline connecting bottom of 10Jan candle and top of 17Jan/2Feb/16Feb ..if BN closes above 46580 on 1hr chart could open target of 48330 / 48900...above 47200 could see quick rally of approx 800 point Till 48000, currently creating nice VCP pattern.
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