December 28, 2019

BANKNIFTY charts

- trend is up
- index at all time highs
- immediate support 32000

- ATR is 365
- min SL will be twice ATR
- this will be approx 31270
- if index closes above 32000, then SL will increase by 365

NOTE: tradingview.com and investing.com are showing different values for ATR inspite of using same charting application.



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