Arindampaul7

Banknifty trading ideas

Long
NSE:BANKNIFTY   Nifty Bank Index
Now 34600 is very strong support for this week and also for the month don't forget that immediate support 34900 and now you-all know it's bullish but my target till 35700-800 yes NIFTY 50 has breaks it's 2 months range but not banknifty it's weak as before was big momentum only above 36k below that this index range bound and trading above 35000 for the month you always have a chance to long but this week is volatile and range I see as previous & this month also I see slightly volatile, careful about that.

So, I've clear my levels discussed everything yesterday I was bearish with the performance of banknifty given 34500 support but not breaks but today on breaking NIFTY 16k I'm bullish but not saying that BN also can made ATH this month it needs money flow from FII, so it's underperformer, this index is weak till now. Thanks big analysis is coming.

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