In our previous analysis we suggested to buy above 36500.
Today banknifty made 36887 high.
Today banknifty under performed and vlosed below 36900.
Trading setup
Buy above 37050
Target 35430
Sl 36950
Above 37000 short covering will trigger and we can see a huge rally again.
Trend is bullish.
Today banknifty made 36887 high.
Today banknifty under performed and vlosed below 36900.
Trading setup
Buy above 37050
Target 35430
Sl 36950
Above 37000 short covering will trigger and we can see a huge rally again.
Trend is bullish.
Note
Banknifty met target 37430. made high 37450
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.