Marketzone

Banknifty Channel Support

Long
Marketzone Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty is Trading inside Channel and now at bottom of channel. And also Fib retrace of 61.8%. After a reversal confirmation can enter long for higher targets.
Trade active:
Long activite at 22150 with 22000 Stoploss
Trade active:
Intraday profit book at 22250 Positional will be around 22500/22800
Comment:
Intraday booked at 22215. Only 65 points.
Comment:
Target 1 done

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