VanshikaUdeshi

NIFTY BANK:TRENDLINE BREAKOUT

Long
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY has broken a trendline. Trade can be taken after closing of candle above the trendline. A strict stoploss should be kept and targets for the same are given. The broken trendline is an important trendline as it has been resistance since 3 weeks. There can be a retesting of the trendline levels.

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