Asimrichie

BUY BANK NIFTY FOR NEXT FEW SESSION

Long
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty is trying to break out from the range in which it had remained for the past few trading sessions with budget round the corner we may expect an upside rally in banking stocks as per harmonic pattern Bank Nifty has formed an anti butterfly and we may see further upside movement in the next few session the following analysis is my view which holds good till next week one can take a long position between 42650-42700 range with stoploss placed at 42577 for targets of 43006 followed by 43198 and final target of 43365

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