Banknifty Moving into rising wedge pattern since Covid
Bank Nifty has formed a rising wedge pattern where the upper band starts at Covid time swing high and lower band starts at Covid time low.
If bank nifty comes near to 49500 in next 1 month then it might get support again to make another up move. The pattern is near to mature as it has shrank a lot.
breaking on either side will give very good run so keeping an eye on this can help to grab positional moves.
If bank nifty comes near to 49500 in next 1 month then it might get support again to make another up move. The pattern is near to mature as it has shrank a lot.
breaking on either side will give very good run so keeping an eye on this can help to grab positional moves.
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