BankNifty Monday 05-July Analysis
Banknifty giving multiple confirmations for going long
1. Bouncing off from a major demand zone (34630)
2. Taking support and moving up from a major trendline
3. Almost breaking a trendline from above
4. Retracing back from 61%
5. Inverted head and shoulders formed
1. Bouncing off from a major demand zone (34630)
2. Taking support and moving up from a major trendline
3. Almost breaking a trendline from above
4. Retracing back from 61%
5. Inverted head and shoulders formed
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