ZenMehta

Banknifty , PARALLEL CHANNEL

NSE:BANKNIFTY   Nifty Bank Index
Banknifty today moved in parallel channel , as tomorroa is expiry , the market would be volatile . So trade carefully . Good buy if it reverses from 30600 . It would have a range of 30420 - 30920 , if it breaks the the channel then , it can reach the levels of 31150 - 31200 on the upside and 30000 - 29950 on downside .


Happy trading .
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