DJ Banks

17 Mar 2022 ‚óŹ 12:48 PM

DJ Bank index has formed an island reversal pattern. This pattern will remain valid as long as the gap area isn't filed. This is a strong reversal pattern and it can lead to positive momentum in DJ Banks in the near term. On the way up, there is a scope of an up move towards 596 i.e. the upper end of the falling channel. A close above the falling channel will be put the bulls on strong footing. 

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