BANKNIFTY (creating a (pole and flag ) setup on hourly chart
so target is equal to pole if break the flag on upside
so my view long if flag breaks upside than target 47000 is possible in comming days
if you think this idea is use full please like and share and follow thank you for reading my idea if found any related query allow me to answer
i am not a sebi registered analysist this is just my observation for practice and learning purpose of chart reading and try to understand the price action trading thank you
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daily Rsi setup Rsi trading at 55.6
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Daily macd setup
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daily bollinger band setup
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BANKNIFTY daily simple moving average setup SMA 20 > SMA 50 SMA 50 > SMA 100 SMA 100 > SMA 200
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gap up today
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200 point profit running for now
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850 point profit in two session only
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1200 point profit running for now
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1400 point profit running for now in bank nifty
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Bank Nifty highest weightage stock current performance
Hdfc Bank = Life High Icici Bank = Life High Axis Bank = Life High State Bank = Life High
Kotak Bank = 12% Less from life high Indusind bank = 31% Less from life high
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