price is in a support zone and has taken support at 200 ma. if it breaks this support then next support is near 687. you can buy at price according to you risk appetite. tgt will be 30 points from current price
Hi Karthik, is there any change in the levels? do you see still downtrend ? or will it rebounce?
kartiksharma0510
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@raghukumartp90, 687 is nearest support .
I dont see a downtrend here, but if banknifty moves in red and overall market is down then this is no exception, it can go till 674.
I would recommend swing trade here on the long side