traders_pit

Above 18200 - Banknifty will move up sharply

Long
traders_pit Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty is all set on daily charts for a strong up move of nearly 2500+ points.

Right now, it needs to close above 18200 to start the next leg of up move.
18200 is high above May 19 high of the day.

Comment:
Expecting a big breakout above this level.
Comment:
Cool 300 points. On way to 20000 soon. Holding with trailing SL
Trade closed: target reached:
closed at 19300. Entered again at 19100-19150 for June series

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