BankNifty has just broken the hourly trendline. Immediate target is 20000. Short BN fut at 20200, SL 20240 Tgt 20030-50.
Boom! 70 points down in a flash.
Trade closed: stop reached
Choppy market! but still below the trendline. Will see if we can renter or if it goes above trendline then will look to go long.