CATCH BANK NIFTY CAN WE?
BANK NIFTY NOT SO FAR AWAY FROM ITS ALL TIME HIGH. IF WE CONSIDER THE WAY IT HAS BOUNCED.
BULLISH SHARK PATTERN BOUNCED FROM 88.2% RETRACE MENT OF ITS EARLIER BULL RUN.
NOW BETWEEN 78.6 % AND 61.8% RETRACE MENT OF RECENT CORRECTION.
QUESTION IS WITH RECENT DECLARATION OF FINANCE MINISTER , CAN BANK NIFTY TOUCH ITS ALL TIME HIGH?
IF TODAY'S HIGH IS CROSSED FURTHER LONG POSITIONS CAN BE CREATED.
HOW EVER TRADE TO BE TAKEN CAREFULLY.
BULLISH SHARK PATTERN BOUNCED FROM 88.2% RETRACE MENT OF ITS EARLIER BULL RUN.
NOW BETWEEN 78.6 % AND 61.8% RETRACE MENT OF RECENT CORRECTION.
QUESTION IS WITH RECENT DECLARATION OF FINANCE MINISTER , CAN BANK NIFTY TOUCH ITS ALL TIME HIGH?
IF TODAY'S HIGH IS CROSSED FURTHER LONG POSITIONS CAN BE CREATED.
HOW EVER TRADE TO BE TAKEN CAREFULLY.
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