janardanstomar

Finnifty is all set to enter new channel, 23200 by 5 Aug

Long
NSE:CNXFINANCE   Nifty Financial Services Index
Double top breakout can be identified as 3% correction of USA Markets didn't have any effect in our Finance stocks, it clearly Indicates that the FiNnifty is all set to breakout and although the target can be achieved before 5 Aug. but according to Price action the data comes 5th Aug and the stoploss is support trand line subject to two consecutive daily close or one weekly close.


Note: This is my Point of view
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