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Banknifty may recover

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftytrading indextrading optionsstrategies
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trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftytrading indextrading optionsstrategies
BN closed near important resistance level of 38780,
RSI weak, MACD negative,
If opened and sustain above 38800,
long BN,
Tgt 38950, 39100, 39225
SL 38750

If start trading below 38700,
Short BN,
Tgt 38550, 38400
SL 38780
Trade closed: target reached:
Two targets 38950,39100 achieved
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