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

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.

If anyone like my work then support me by like and follow. Thankyou.

Regards
Rahul Pal

Yorum: