short banknifty 29600 pe with 20 rs sl . target 1 :2 trade plan . as 29600 is round level . current is in consolidation now it may go to sideways to uptrend .
All cargo formed a round bottom with depth of 45 pts from neckline to the bottom in 7 months with the formation being complete at 200.45 . A tgt of 245 can be seen in mid term with entry points being above 200 on closing basis and stoploss below the low of the breakout candle