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BANKNIFTY TRENDCHANNEL

NSE:BANKNIFTY   NIFTY BANK
BANK-NIFTY HAS GIVEN A STRONG CLOSING FOR TODAY. ALSO A LOT OF BANK STOCKS HAVE GIVEN A BREAKOUT WHICH WILL PROPEL BANKNIFTY TO NEW HIGHS IN THE COMING SESSIONS.
BANK-NIFTY WILL REMAIN IN THIS RANGE FOR SOMETIME AND WE NEED TO LOOK AT VOLUMES WHEN IT TESTS THE TREND CHANNEL.
LOOK FOR BUYING OPPORTUNITIES WITH YESTERDAY HIGH AS SUPPORT.

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