Banknifty Future Intraday & Positional view
BANKNIFTY is positionally bullish. I have drawn a shaded region. If Banknifty goes below the shaded region with volume, it may touch once 40790-40760. After that it should go in upward direction.
If banknifty directly open at 40770-90 region, then you can take long trade with the Stoploss of 50 points. Target 42000 ,42500
But if it sustained below 40780 then it is cautious for bull.
If banknifty directly open at 40770-90 region, then you can take long trade with the Stoploss of 50 points. Target 42000 ,42500
But if it sustained below 40780 then it is cautious for bull.
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Target hit