IndexxTrader

Both targets achieved today, Banknifty may surprise tomorrow

Long
NSE:BANKNIFTY   Nifty Bank Index
As expected,
BN traded at short side today, Our both targets achieved,
Closed above 38300 after adjustment,
38300 is a important level, PCR indicating over sold, MACD over stretched, RSI at lower level,
If BN test 38127 tomorrow, a sharp bounce back may surprise us,
If start trading above 38425,
Long BN,
Tgt 38550, 38620, 38780
SL 38250

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.