BankNkifty - Breakout post consolidation. Target 19250-19300

16 янв. 2017 г.

As mentioned in the previous posts as well, BankNkifty is looking strong. It has given a breakout post consolidation in the range of 18800-18970. Target 19250-19300. Keep stop loss at 18800 spot. for Intraday SL 50-60 points keep trailing and ride the rally.

16 янв. 2017 г.

Заметка

This chart is delayed not showing the breakout but price has closed above last week's high or the consolidation channel on 15 min chart.

16 янв. 2017 г.

Заметка

Confirmation on the hourly chart.

16 янв. 2017 г.

Заметка

Panic buying might take BankNifty to 19250 today itself in the last one hour.