BANKNIFTY TRADE OPP

Updated
BANKNIFTY TRADE OPP
As you can see the BANKNIFTY has broken out the h&S neckline.
now we are in retest phase. if it comes to the neckline and find support of neckline we can see a blast upside.

Same structure is observed in the hdfcbank.

this is not in any means a trade/invest advice. pls consult your fa for any buy sell Reco.


thank you.
Note
46922 is seems to be inevitable.
Note
Drop was so fast...hit 46900
Note
BANKNIFTY can go another 3500 point if h&s is prove to b valid
BANKNIFTYChart Patternshead_and_shoulderTechnical Indicatorsretest-structureWave Analysis

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