NSE:BANKNIFTY NIFTY Bank Index
As mentioned in the previous posts as well, BankNkifty is looking strong. It has given a breakout post consolidation in the range of 18800-18970. Target 19250-19300. Keep stop loss at 18800 spot. for Intraday SL 50-60 points keep trailing and ride the rally.
This chart is delayed not showing the breakout but price has closed above last week's high or the consolidation channel on 15 min chart.
Confirmation on the hourly chart.
Panic buying might take BankNifty to 19250 today itself in the last one hour.