Banknifty has broken a major support trend line. I'm looking forward to a fall to the levels of 34933 as first target, and 34724 as final target. This is only valid if we don't open gap up and continue the trend. We are still in a major uptrend, and this is just a correction for next two days. But I'm not interested in any longs until shown in the price action.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.