#BankNifty index opened positive and moved low 34920,
but it has hold below 35000 zones
and remained negative most part of session.
Now we can sell around 35200 and TGT 34800 SL:LIVE
and if it trade above 35600 we can wait for
next entry point.
ICICIGI offers a breakout possibility at the current juncture. Though we have limited data as the stock is relatively newly listed, we can clearly notice a Flag pattern within which the stock is consolidating. A close above 1480 should qualify for a breakout and for such a trade 1400 should be the stop loss.
Trade Well. Trade Wise.
