Niftydirection

Banknifty consolidation in Triangle breakout awaited

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NSE:BANKNIFTY   Nifty Bank Index
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant.

Stop loss 34893

Wait for confirmation close above 36464 for given targets

If wave 3 extends beyond 1.618 levels then 50k is no big deal.
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Posting correct chart

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