BankNIFTY - Fresh Breakout or Breakdown
Updated
BankNIFTY near trendline resistance. Closing above today's high for couple of days can show 41500/42000 in BANKNIFTY. But if BN fails to sustain above the trendline on weekly closing basis, we can possibly see a decent correction. HDFCBANK has been sleeping for long now, next push towards ATH could be from HDFCBANK, need to close above 1515/1521 on weekly closing basis
Trade active
HDFCBANK has finally started moving up, if closed above resistance, BN can hit ATH+ very soon.Trade closed: target reached
BN HIT ATH and made double top.
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