padiyaraa

BANKNIFTY: 22307. Below 22280 Supports are 22230_22180 & 22130

NSE:BANKNIFTY   NIFTY BANK
90 4 5
Above 22340 toady’s Resistance are 22390_22430 & 22470

Bullish on what news. GST.
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padiyaraa venkaticr
@venkaticr,
Dont you remember, the news, the BEST quarter in 3 years, GST, broad based buying, and so on.
we are carried away with doubt and surprise,then question upon questions, when we are not able to move with the market. So be aware of the main trend.

BN or any other index or market followed the same pattern many a time in the past. see the chart for early 2016 to sep 2016.

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what happening in Bank Nifty. Non stop rally with minor correction every month. Still there is chance of moving up til 23000?
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padiyaraa venkaticr
@venkaticr, Those targets are easy when,Market is bullish & euphoria is at its top. I was expecting a jump on Wednesday, but when it is delayed,I thought it may be kept for week end.
I expect 22900 next week that is our monthly resistance area. further we will see on weekly closing....For monthly target even 23000 also possible.


I was away and am not available in the market hours. :D
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