Today will be slightly gap up opening in banknifty .After opening if banknifty sustain above 36000 level and starts trading above 36050 then expected further upside rally upto 36450+ level. Any down side chances only expected below 35950 level.
Nifty & Bank Nifty have crossed Descending channel and are in the upward channel as of now. If there is any strong breakout of the channel, kindly long with a confirmation candle & if you see reversal candles from the edge of the channel kindly short with a small stop loss above the channel.
Good Evening, today we have got no change as compared to yesterdays charts, hence the levels are ditto and i have not posted indivudual charts today as u can refer the individual charts which i posted yesterday for reference.
As We discussed earlier Bank nifty break 35500 level then face face Resistance @35800 levels and fell upto 35500 levels. * We can consider this as trendline breakout and Retest if BN took Support @35500 levels and Raise & The chances of up move upto 36000 to 36500 levels. * If BN fell From 35500 levels then We have to Short next Support Will be 35000 & 34650...