We have a clear uptrend on BANKNIFTY
A Bullish Flag and Pole pattern on 15 minutes time frame
Entry on flag breakout around 40480 level
Upside Targets: 40790 and 40995
Support Zone and No Trading Zone: 39485-39980
Below this zone BANKNIFTY is weak
My Opinion: I won't take any bearish trade on BANKNIFTY and I will be considering a long position only on flag breakout
Trading BANKNIFTY seems much easier and profitable in the upcoming week
Good luck Traders
A Bullish Flag and Pole pattern on 15 minutes time frame
Entry on flag breakout around 40480 level
Upside Targets: 40790 and 40995
Support Zone and No Trading Zone: 39485-39980
Below this zone BANKNIFTY is weak
My Opinion: I won't take any bearish trade on BANKNIFTY and I will be considering a long position only on flag breakout
Trading BANKNIFTY seems much easier and profitable in the upcoming week
Good luck Traders