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Banknifty Positional View

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Nifty Bank Index (NSE:BANKNIFTY)  
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Trend Analysis Chart Patterns Technical Indicators BANKNIFTY positionaltrade niftybankanalysis intradaytrade tradingsignals traders
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trendanalysis chartpattern indicator banknifty positionaltrade niftybankanalysis intradaytrade tradingsignals traders
A rising Wedge kind of pattern is forming in the BANKNIFTY as we can see in the chart above .

If breakdown of the same may lead us towards 42350 levels in coming days.


The dashed lines in the chart may act as support.









Note: This is positional view only for educational purpose, please follow your trading setup before initiating. Also, it may involve more risk, Risk management is the key in these kind of positions.
Komen:
still the trade is not active, wait for the right opportunity.
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