Daily Chart
Daily Chart
Half Hourly Chart
Half Hourly Chart
Bank Nifty has proved it's bullish bias by breaking out above the downtrendline aas shown in the second daily chart and surpassing the target of 10752 as shown on half hourly charts.
The short term charts are also bullish but show that a little caution is needed as per the rising wedge forming alongwith negative divergences.Daily oscillators too in the overbought region.
Refer the second half hourly charts for immediate support resistance and the first chart for a slightly broader targets.
Buy on dips
Buy on dips
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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