Bank Nifty - Weekly Review Oct 10 - Oct 14
Patterns in chart : Symmetrical triangle formation near the support 38600 - 38850.
38600 - 38850 is the nearest trend deciding level and sustaining above that will make the price to give another 1000 pts move towards 39660.
If the price stays below 38600, then it will move towards 38300,38000,37650, 37500.
Note : Take trade when the trend direction is clear to you.
38600 - 38850 is the nearest trend deciding level and sustaining above that will make the price to give another 1000 pts move towards 39660.
If the price stays below 38600, then it will move towards 38300,38000,37650, 37500.
Note : Take trade when the trend direction is clear to you.
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