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Nifty Bank Index
Long

Downtrend Parallel channel in BANKNIFTY

Since last few trading session, Banknifty trading in downtrend parallel channel. If in today's trading session its trading and sustain above 35150 level then expected next projected target 35800+ in upcoming trading session. Downside possible if banknifty trading below 34950 level so can go long with stop loss at 34950 level.
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BANKNIFTYbankniftyanalysisbankniftylongbankniftyviewbreakouttradingdowntrendTechnical IndicatorsParallel ChannelpriceactionSupport and Resistance
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