Trademint08

BANKNIFTY ON 15 min CHART PATTERN

NSE:BANKNIFTY   Nifty Bank Index
Banknifty has formed double bottom pattern on 15 min chart. If we look closely it is approaching towards its resistance level. Tomorrow we have news on INTEREST WAIVER. So we would suggest to wait until the decision. If the decision favors for market one should go fir long positions ne cause there’s a chance bank nifty might break 200 ma and change its trend.
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