BANKNIFTY INDEX FUTURES
Long

Banknifty Technical Analysis

43
Broke the triangle and is ready to do the retest. Once the consolidation level forms within the current market range, we can expect a surge of 400 points. I am taking a risky trade here with an SL of 170 points and a TP of 450 points. If anyone wants to take my trade plan take an affordable risk or wait for the consolidation level forms and break above the consolidation level so that we can be somewhat sure to take the medium risk(after all, this is trading no one can predict 100%). So, take risks accordingly.

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.