taniksh

LONG TERM VIEW FOR BANK NIFTY

Long
NSE:BANKNIFTY   NIFTY BANK
NSE:BANKNIFTY
banknifty is heading towards 40000 if broken out of this channel placed above and also bank nifty has given a falling channel breakout in april month and bank nifty is has already consolidated for nearly four months and above 36700-800 bnf is heading towards 40000 and this move is going to be very fast beacuse if this rising channel breakout happens , banknifty is not going to timepass .downisde risk is no more than 30000 which is 10-12% from 36000.so its time to accumlate banking stocks .

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