There is positive divergence in BankNifty Spot on 30 min chart.
With the consolidation happening above 22000 spot prices, it is an easy long with stop loss just below 21800 in spot prices.
Target - 23200+
With the consolidation happening above 22000 spot prices, it is an easy long with stop loss just below 21800 in spot prices.
Target - 23200+
Note
BankNifty still in the safe zone. Stop loss maintained.
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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.