Nifty Bank Index

BankNifty Daily, Butterfly pattern completed!

33
Beautiful Butterfly 🦋 pattern has completed on Daily chart of BankNifty.
Expect some profit booking or neutral trend in coming days up-to 55840 level.

Most near level is the re-test of 78.6% level ( 56013 ), for a new UP trend ( investors ).

" Buy 🟢 " above 56013 with the stop loss 🔻 of 55840, for the
🎯 Target 1: 56300
🎯 Target 2: 56500
🎯 Target 3: 57000
🎯 Target 4: open.

" Sell 🔴 " below 55631with the stop loss 🔺 of 55843, for the
🎯 Target 1: 55363
🎯 Target 2: 55095
🎯 Target 3: 54763
🎯 Target 4: open.
Smart Levels is Smart Trading.👨‍🎓

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It does not constitute any financial advice or a solicitation to buy or sell any securities of any type. All investments / trading involve risks. Past performance does not guarantee future results / returns.
Always do your own analysis before taking any trade.

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TradeWithKeshhav & team
Happy Trading and Investing!

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