Nifty Bank IndexLong
BANKNIFTY TRENDCHANNEL
BANK-NIFTY HAS GIVEN A STRONG CLOSING FOR TODAY. ALSO A LOT OF BANK STOCKS HAVE GIVEN A BREAKOUT WHICH WILL PROPEL BANKNIFTY TO NEW HIGHS IN THE COMING SESSIONS.
BANK-NIFTY WILL REMAIN IN THIS RANGE FOR SOMETIME AND WE NEED TO LOOK AT VOLUMES WHEN IT TESTS THE TREND CHANNEL.
LOOK FOR BUYING OPPORTUNITIES WITH YESTERDAY HIGH AS SUPPORT.
BANK-NIFTY WILL REMAIN IN THIS RANGE FOR SOMETIME AND WE NEED TO LOOK AT VOLUMES WHEN IT TESTS THE TREND CHANNEL.
LOOK FOR BUYING OPPORTUNITIES WITH YESTERDAY HIGH AS SUPPORT.
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