Banknifty was unable to breakout of 36200 resistance decisively with confirmation followup and was hovering at the same level for a some time before breaking down to make a higher low. Considering this as a upward channel move, one may go long for targets upto channel resistance.
Contra view - If breaks the range below 35600, short covering may trigger targets uptill 35300 (gap support)
@kumaraveln, Thank You... To motivate please continue liking and sharing your views and how you are planning your trade... let's start the discussions...