BANKNIFTY - Positional View
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With the PSU Bank Index leading with high momentum and some of the PVT Banks like Axis & ICICI taking support from 50EMA, it
seems like we are heading towards 35000+ in BANK NIFTY.
As it could be clearly seen in the charts, BKNFTY has already given a Channel Breakout and retest of 32000 support level. Once it crosses and holds the previous resistance of 33500 we can expect 35000+.
Stop Loss - CLB 32300 with negate the view.
seems like we are heading towards 35000+ in BANK NIFTY.
As it could be clearly seen in the charts, BKNFTY has already given a Channel Breakout and retest of 32000 support level. Once it crosses and holds the previous resistance of 33500 we can expect 35000+.
Stop Loss - CLB 32300 with negate the view.
Nota
Hope you guys minted some money, already 34K+ within a weekNota
just 300 pts away from 35k..Nota
Perfect closing, only 150 pts away from final target.
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