InvestyourAsset

Banknifty Positional View

Short
InvestyourAsset Updated   
NSE:BANKNIFTY   Nifty Bank Index
A rising Wedge kind of pattern is forming in the BANKNIFTY as we can see in the chart above .

If breakdown of the same may lead us towards 42350 levels in coming days.


The dashed lines in the chart may act as support.









Note: This is positional view only for educational purpose, please follow your trading setup before initiating. Also, it may involve more risk, Risk management is the key in these kind of positions.
Comment:
still the trade is not active, wait for the right opportunity.

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