rakeshreddym

BankNifty 41200 and 41400 to watch wednesday

Long
rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index

Today opened gap up sustained above seems bulls are strong buy on dip scenario applies.

41200 buy stop loss 41100 Target 41350,41500.
41400 above sustains buy stop loss 41300 Targets 41500,41600,41700.

For shorting as of now price action not suggesting any, for reversal watch for the levels 41500 to 41700 any negative price action there one can short.
Comment:
Trade closed: target reached:
41400 above sustained first target done almost reached second one

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