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JoeBiden
Feb 11, 2019 6:31 PM

LONG BANKNIFTY possible target of 27500-27700 Long

Nifty Bank IndexNSE

Description

Bank Nifty NSE:BANKNIFTY Inside Uptrend Channel.
ADX below 20 suggests market choppy while STOCHASTICS Suggesting Buying BIAS

Buy 27100 CE BANKNIFTY OPTION When BANKNIFTY Index Approaches 27100 (Support Levels) or Buy BANKNIFTY Futures

Hedge BANKNIFTY with 27000 PUT.

Breaking Support of 27050 will dwindle prices to levels of 26800-26900 levels
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