Saptagirinivasa

Bank nifty - Expected 100 pts up, till 44393 spot

NSE:BANKNIFTY   Nifty Bank Index

Expect BN to go till red trendline.
SL , Orange trendline, 44219
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Comment:
BN fut BUY- Tgt 44393 spot. Above this is SC. SL 44220 1 HR CANDLE CLOSE
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ABOVE 44393 IS A SUPER SHORT COVERING. BOOK 75 % PROFIT. THERE ARE CHANCES OF REJECTION AT 44393. Keep 25 % position open and ride the short covering if it happens
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Hope everyone enjoyed. Target done

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