Banknifty reached the first target of 36500, where it is facing some resistance. The index might see a pullback due to some profit booking. Though for the bull case to continue it should hold 36000 on closing basis. There are chances that the bull rally may be nearing to an end and we might see a deeper pullback. Stay alert!
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.