banknifty future respecting the channel

Updated
Banknifty future respecting the channel and took the channel support near 37400-500

and given superb bounce..

now again at previous hurdle of 38000-38200 if this hurdle is crossed one can see
more upmove towards 40000

Bias is positive till its in channel

views are educational
Note
range contraction mode near channel support and hurdle of 38000/200
BANKNIFTYchannelsuppottChart PatternsparallelchannelssupportandresistancezonesTrend Analysis

Also on:

Disclaimer