Banknifty | Volatile | bullish 22 Mar

Bank nifty has taken good support near 46000. For tomorrow, ideal set will be if it touches 46500 and bounces back. this will be the best place to initiate longs for a 500-1000 points upmove. levels are marked within chart. BNF is respecting the channel so far, a great pattern coming in handy so nicely for such a long time.

As per indicators, it's turning bullish today. hence expecting a good up move soon (next week). will be shorting puts on levels.

already in profits in 46500 PEs, will offload them close to 47000