BANKNIFTY GEARING UP
SUMMARY:-
*banknifty is breakout of a bearish trendline on weekly as well as daily chart
*possible move towards 37500-37000 cannot be ruled out
*close above 200-ema will give us more and more confidence to stay long
*nifty is expect to go to new all time high
*banknifty once above 36k (close) will force short-covering
BANKNIFTY FUT TRADE
BUY@36075(ABOVE ONLY)
STOP@35600
TARGET@36425-36700-37000
*target will be adjusted more according to market situation
*falling dollar/inr and oversold market condition is indicating short-covering
*if stocks like hdfc bank and icici bank rally we can expect fii buying action
*banknifty is breakout of a bearish trendline on weekly as well as daily chart
*possible move towards 37500-37000 cannot be ruled out
*close above 200-ema will give us more and more confidence to stay long
*nifty is expect to go to new all time high
*banknifty once above 36k (close) will force short-covering
BANKNIFTY FUT TRADE
BUY@36075(ABOVE ONLY)
STOP@35600
TARGET@36425-36700-37000
*target will be adjusted more according to market situation
*falling dollar/inr and oversold market condition is indicating short-covering
*if stocks like hdfc bank and icici bank rally we can expect fii buying action
Nota
PRIVATE BANK INDEX
Trade fechado: objetivo atingido
ALL TARGET HIT 🙏🙏🙏🙏🙏
Aviso legal
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