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rajender.kundhuri

banknifty 24th may rising wedge and double top

Nifty Bank Index (NSE:BANKNIFTY)  
rajender.kundhuri  
NSE:BANKNIFTY   Nifty Bank Index
Double Top or Bottom Wedge Beyond Technical Analysis bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyintradaylevels bankniftyprediction bankniftyintraday bankniftytomorrow bankniftytrendanalysis bankniftyexpiry
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doubletoporbottom wedgepattern beyondta bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyintradaylevels bankniftyprediction bankniftyintraday bankniftytomorrow bankniftytrendanalysis bankniftyexpiry
bank nifty is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high.

Don't be bullish or bearish trade with the market direction.

Buy above 440057(43900 CE) Target 44132,44282,44410,44550.
Sell below 43766 (43800 PE) Target 43579,43465, 43333.
Raj

t.me/intradaylegendcommunity
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