22500 - next target for Banknifty

Updated
Price breaks the long time support came up strongly last Friday and on Monday as expected it took support from these level and moved towards 22000 levels, there will be a small rejection in this level and price will reach 22500 levels shortly.

if crosses 22700 and closes above strongly then we can expect new high in the coming month.
Trade closed: target reached
22500 target reached. . . if you are long book some profits. . .
BANKNIFTYbankniftylongbankniftytrendSupport and ResistanceTrend Analysis

Also on:

Disclaimer