Hammer and W pattern in Bank Nifty||buy for the target of 43800+

20 Jun 2023

Banknifty is trading at support levels, and just now we got a hammer in one hour candle. And double bottom also,, Might be banknifty can go to make W from here. In the forming of W pattern banknifty will reach to our expected target which is 43800+. Chances are high for the reversal from these levels. So if anyone wants to go long from here can go with current price 43386 . go with proper given levels and keep a strict stop loss as anything can happpen from here.

Disclaimer:- Always do your own research or consult with your financial advisor before taking any trades.

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Regards
Rahul Pal

20 Jun 2023

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