Banknifty took exact Resistance of our PRZ i.e. from 35800.
Now reverse trend has started for Banknifty.
BANKNIFTY if falls below 34970 will activate XABCD Pattern, which may easily make next Target as 34560.
ELECON ENIGINEERING has bounced from YEARLY Support and now sitting on YEARLY Resistance.
The main idea behind buying is its Highly Bullish Nature, Company is making its mark across India in Various fields like Mining, etc.
Also recent Monthly Volume is all BIG GREEN.
It may go down a little but for Long Term it is sure Buy above 121.