bijoy2526

BANKNIFTY some retracements ahead.

bijoy2526 Updated   
NSE:BANKNIFTY   Nifty Bank Index
We have seen prolong rally in Bank nifty.
it seems there is likely to be some pause going to take place.
But afetr the pause the up trend likely to continue.
Go through my previous posts of tank nifty.It is right on the track.
In one post I had mentioned ,42284 as an important level and placing the stop loss there.
on intraday basis it had violated that level but recovered to hit again all time high.
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Comment:
Comment:
another arsenal I am providing to judge.My target was the arrow marked line.It has retraced after touching that line.we should go long only if it closes above if bank nifty closes above that line on eod basis.

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