ipuneet

Bank Nifty- At least the supporting trendline was protected.

NSE:BANKNIFTY   NIFTY BANK

30600 should hold for the comfort of long side trades.

Experienced traders may sell on rallies, with appropriate stops. Breach of 30600 will confirm the further weakness, for not so experienced ones.

Consider taking hedged trades, utilising options to protect losses.


Comments

Thanks for guidance.
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