Hello traders.
Clearly banknifty is in no trading zone. Range is 38000 and 37200. Either side breakout will give 1000 point move . So it's better to wait. If banknifty again enters inside the parallel channel, it's gonna bleed heavy . And if it closes above or near 38000 we will see 38850 next week. So better to wait today for breakout or breakdown.
Clearly banknifty is in no trading zone. Range is 38000 and 37200. Either side breakout will give 1000 point move . So it's better to wait. If banknifty again enters inside the parallel channel, it's gonna bleed heavy . And if it closes above or near 38000 we will see 38850 next week. So better to wait today for breakout or breakdown.