Trade-Technique

Banknifty with New value area plotted with projection

Trade-Technique Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty formed a new channel which has target 31070 nearby.
This is also resistance and Pivot for changing direct for short term at 3020 nearby.

This new channel is not reliable as compare tight and bigger channel.
Trade active:
This is the complate and clear picture with footprint on BANKNIFTY
Comment:
Comment:
Wait for short... DONT short till.
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