With the PSU Bank Index leading with high momentum and some of the PVT Banks like Axis & ICICI taking support from 50EMA, it
seems like we are heading towards 35000+ in BANK NIFTY.
As it could be clearly seen in the charts, BKNFTY has already given a Channel Breakout and retest of 32000 support level. Once it crosses and holds the previous resistance of 33500 we can expect 35000+.
Stop Loss - CLB 32300 with negate the view.
seems like we are heading towards 35000+ in BANK NIFTY.
As it could be clearly seen in the charts, BKNFTY has already given a Channel Breakout and retest of 32000 support level. Once it crosses and holds the previous resistance of 33500 we can expect 35000+.
Stop Loss - CLB 32300 with negate the view.
Note
Hope you guys minted some money, already 34K+ within a weekNote
just 300 pts away from 35k..Note
Perfect closing, only 150 pts away from final target.Disclaimer
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Disclaimer
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.