1. BankNifty is on Bullish Trend.
2. Recently, on the 15M Chart, It has formed Ascending Triangle Pattern.
3. Price is at 38% retracement level. Temporary a price may fall.
4. if triangle breakout happen.
5. banknifty is on Upmoving Channel.
6. 33016 is the important level. if breakout happen on this level. then i will be bullish till 33500.
7. Buy Above : 32902 Target: 33016 , 33170 SL:32788
SORRY FOR THE MESS ON THE CHART. I AM BIT LAZY IN HIDING AND UNHIDING MY WORK. :)
IF YOU LOVE MY STUDY PLEASE LIKE , SHARE AND CHEER