Banknifty at parelle channel top, Analysis for coming month.

Bank Nifty at parallel channel top.

Below 36500, we may see 36200, 36000, 35500, 35000, 34500.
Below 34500 we my see more fall towards 34000, 33500, 3300+

Above 37000, 37500, 38000 posilb.e

Banknifty has rallied from 34500 to 37000.

Facing resistance at 37000, fell 500 points from there, however recovered some intraday.

-Saptarish Trading

Trade closed: target reached:

above 37000, both targets of 37500 and 38000 done.

more than target achieved, high of 38800.

1800 points up move after channel breakout.

Trade closed: target reached:

more than 5000 points done after channel breakout. thank you.