traders_pit

BankNifty again getting ready for big up move

Long
traders_pit Updated   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty taking multiple supports, not able to break recent lows.
RSI posivitve divergence.
A very strong chance to BankNifty touching 22k in few days.
Stop loss is recent low of May 12th.
Comment:
Hold and Carry longs. Long way to go.
Trade closed: stop reached:
Stop loss hit.

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