AmareshPatra

AmareshPatra Updated 

Movement in BankNifty in last few weeks seems like it’s on steroids. Every minor dip is bought into. However, on a longer timeframe, a rising wedge can be clearly seen. And spot is almost at the upper end of the channel. Expecting some retracement or consolidation around 48000-48500 levels. A dash towards break out zone is definitely possible. Incremental long may...