Trade is Long here Stop Loss 22200 (BNF) Trade will gain more momentum above 23100 (BNF)
NSE:NIFTY NSE:BANKNIFTY Both index have shown rejection from previous channel. Pay special attention to Nifty, as it RT back to the Previous channel (March), and has shown strong rejection with Bearish engulfing weekly. Trade is down until the high is taken out.
Bulls have a tough Friday to reclaim their dominance. Or the domino will come tumbling down.