BANKNIFTY CURRENT TREND

APPERENTLY BANKNIFTY HAS CHANGED IT'S TREND, HOWEVER THERE IS NEW CHANNEL EMERGING AS SUPPORT & RESISTANCE IN DAILY CHART. AS OF NOW BUY ON DIP TILL REACHES TO THE UPPER CHANNEL RESISTANCE. CURRENT SUPPORT RANGING:

SUPPORT 1: 34250-34350
SUPPORT 2: 33900-34100


DO NOT TRADE IN BETWEEN THESE AREAS, ESPECIALLY DON'T SHORT. IF BNF COMES TO THESE LEVELS ALWASY LOOK FOR BUYING OPPORTUNITIES. BECAUSE AS I SAID RIGHT NOW IT'S BUY ON DIPS IN BANKNIFTY.

ALSO REMEMBER THERE IS MILD SUPPORT AT 34430 LEVEL, DO CHECKOUT THAT LEVEL AS WELL.
Chart PatternsTrend Analysis

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