BANK NIFTY | LONG REVERSAL | SWING

73
BANK NIFTY has formed a base and is showing tendency to reverse from the Lows.
Higher Lows are being formed.
Price had rejected the Weekly Pivot and is now holding it which means that there is Buying happening. In most likelihood, there will be a short covering reversal.

Target - 50,200
SL - Todays' low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.