rakeshjoshi_1993

Double bottom

rakeshjoshi_1993 Updated   
NSE:BANKNIFTY   Nifty Bank Index
The nifty bank formed a "double bottom". Possible next trend is bullish with strong bullish volume to break the neckline.
T: 20642.29
There should be some consolidation zones in between while reaching this target.
Trade closed: target reached:
taking support at the S&R zone. Next probable target neckline

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.