Banknifty trading ideas

21 maj 2021

Now strong support 34000 and 34500 gonna be immediate support go long one should book profit near 35100 and if opens gap can go sideways and upside hurdles are 35400/35600 above it we will see 36500 level definitely. This index made rounded bottom form and now is on fire go long on any dips. One can positionally long for next week. Yesterday I said an impossible level 33650 it breaks upside made huge rally and 33300 worked as support it definitely was by my mistake I do post before closing so after closing I've seen strong short covering but it was too late I've posted it already. Ok then I'll see you on Monday now there's no confusion market is on his mood to long.