LONG TERM VIEW FOR BANK NIFTY
BANKNIFTYbanknifty is heading towards 40000 if broken out of this channel placed above and also bank nifty has given a falling channel breakout in april month and bank nifty is has already consolidated for nearly four months and above 36700-800 bnf is heading towards 40000 and this move is going to be very fast beacuse if this rising channel breakout happens ,banknifty is not going to timepass .downisde risk is no more than 30000 which is 10-12% from 36000.so its time to accumlate banking stocks .
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