bijoy2526

BANK NIFTY market is not for day trading you will miss gap ups.

Long
NSE:BANKNIFTY   NIFTY BANK
Sgx nifty closed at 12368.
another gap up on Monday it seems.
Nifty likely to proceed towards new all time high.
please don't forget bank nifty was lagging nifty previously
now with financial sector doing well bank nifty has more space left to fill up .
At this stage I will not suggest any one for day trading.
targets have been mentioned in the chart.
as bank nifty is in over bought condition may correct to some extent.
But any dip should be bought immediately.
try to buy if it dips to the line just it has crossed.
Nifty levels I may post after sometimes.
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Comment: Stock market involves lot of risks and affected by several factors.
before taking position consult your financial advisor.

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