Banknifty as taken resistance at 38354 and stared moving down wards and today it broke 37750 a strong support zone. so the rally will be towards down trend upto next support zone of 36545. and market will try to fill-up the gaps and take support at 36800 to 36550 zones.
Predictions for swing trade in banknifty
If banknifty trades below 37750 go for short positions
Traget will be 36800 and 36545
Stoploss will be 37827
Predictions for swing trade in banknifty
If banknifty trades below 37750 go for short positions
Traget will be 36800 and 36545
Stoploss will be 37827
Trade closed: stop reached:
Stop loos hit
Comment:
First Target Achieved @ 36800
Comment:
second target achieved @ 37750