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Pratik_4Clover

BankNifty still riding the trend line on 15 min TF

Long
Nifty Bank Index (NSE:BANKNIFTY)  
Pratik_4Clover  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators Chart Patterns BANKNIFTY Bullish Patterns Bearish Patterns LONG
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trendanalysis indicator chartpattern banknifty bullish bearish long
BankNifty is riding trendline and respecting it on 15 min TF, suggesting it is not yet time to short and even though global markets yesterday gave a quite a scare, it would still be a positive bias till it breaks that trendline and goes below it.

Also, BNF has been much more +Ve compared to Nifty so it is worth considering over Nifty for picking a trade atm
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