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ipuneet

Bank Nifty- At least the supporting trendline was protected.

Nifty Bank Index (NSE:BANKNIFTY)  
ipuneet  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY niftybank
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trendanalysis chartpattern indicator banknifty niftybank

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.


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