Banknifty | Long

Updated
Way forward for BNF

Long on from 40100 with hedges in 40000 pe for monthly
Expecting up move into 41200 territory for first profit booking
Note
holding with conviction. More than 1000+ points now
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i posted two days back saying " start to mega short covering rally'.
Do follow the space for such catching such amazing moves
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Partial profit booking around ~41600.
Will update on fresh longs or reversal
Note
90% positions booked around 41600 today.

starting now will go more on wait and watch mode until 41000 or 42000 is broken.
Some strangles within this zone might work out.
Chart PatternsTrend Analysis

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