Banknifty FUT can be bought
Positional Call: Buy BANKNIFTY fut near 35228 tgts 35990/37300 SL: 34455
Bank Nifty future seems to be trading in strong upside channel. Recently it has pinched a low exactly at support and interestingly low coincides with 3 candles recently at same levels. With yesterdays close it gave birth to morning star pattern which is confirmed today with a new high compared to yesterday. So overall biased for longs.
Bank Nifty future seems to be trading in strong upside channel. Recently it has pinched a low exactly at support and interestingly low coincides with 3 candles recently at same levels. With yesterdays close it gave birth to morning star pattern which is confirmed today with a new high compared to yesterday. So overall biased for longs.
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