nextgen
Long

Bank Nifty rejects breakout,buying opportunity on the way

NSE:BANKNIFTY   NIFTY BANK
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Bank Nifty after a continuous downtrend halted today at bearish channel support and rejected further breakout. there is some pull back seen on close, it seems Bank Nifty is now ready to head the channel resistance somewhere between 19140-19150. traders can enter long on bank nifty with a target of 19140 in near term.

Comments

@nextgen - I think it goes well with the overall Nifty setup as well. For Nifty to move up, bankNifty will have to play its part.
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