Banknifty is forming ascending triangle. On breaking 23320, price will move towards 23450 and 23550.If the price fails to break 23320, price action will try to form a double bottom at 23050 level. Trend deciding level today is 23320 for banknifty.
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Note
First target reached on long side.Trade closed: target reached
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.