BankNifty- In the channel -Trade below 23100 for 22950-22900

In the channel- once BN starts moving below 23100 -one can take sell for 22950-22900-22850 target in next trading session. Going above channel it can be bullish but bulls will regain power once it starts moving above 23500 mark which is a psychological level.

Trade active:

11:00 Hrs 3rd July2017

Last Price@23315

Selling only below 23100 - Channel crossed on upside. BN rocks

Trade active:

11:05 Hrs 3rd July 2017

Last Price@23290

Likely next set of buying only above 23325 if holds else take a tea break.