Things have turned bullish at least in the short term. Seems like one more day of gap up, backed by strong global markets. Assuming this rally to be an a-b-c correcting bounce with a=c, the targets for banknifty are around 37000. A truncated week and heavy shorts could add to the momentum on the upside.
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.