BANKNIFTY IN CHANNEL SINCE A LONG

Please refer to chart wherein it is clear we are moving in a channel since a long.
If bank nifty has to perform then a breakout of this channel is very necessary.
If it find resistance at upper end then it might be dragged to 37500 appx.

My view is neutral till it breakout or comes to middle line.

Please do own analysis before any trade execution.

Regards

Trade active:

May break the channel anytime soon but a retracement is due in BKNFTY.
Please wait if a gapdown happen then you can buy the dip.

Comment:

pls pls do your own analysis before taking the trade.