BIG move ahead in banknifty.

Banknifty had been spending last 7 days in a narrow range . we had seen some selling pressure but bulls were able to hold the important level of banknifty.
if banknifty closes above 38200 in daily time frame we can hold CE positions in long side for the entire week.
and if breaks down the 37360 level in the daily time frame we can see a down side move.
BANKNIFTYbankniftytrendChart PatternsHDFCBANKmarketstructureoptions-strategyTechnical AnalysisTrend Analysis

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