Banknifty
Yesterday it was very bullish. In last hour it reverse from the resistance 35800. profit booking seen In last 1 hour. Still we are in uptrend in bigger time frame..!still it's holding the trendline .
Trading ideas
1).above PDH we can go long target is 36000
2)below 35500 we can look for shor trade but have to trade with small quantity as its a counter trend trade.and also tgere us small support level around 35400 zone.
3)avoid trading in te range (35800-35500).
Trading ideas
1).above PDH we can go long target is 36000
2)below 35500 we can look for shor trade but have to trade with small quantity as its a counter trend trade.and also tgere us small support level around 35400 zone.
3)avoid trading in te range (35800-35500).
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