Post RBI Event Expected Movement On Short Side.

BANKNIFTY is consolidating on Upper Side, with Resistance facing for 3rd Time, Volumes are Low and momentum is not picking on Upside Yet !
If Post-RBI Policy event, this Upside Momentum doesn't occur & failure of Ascending Triangle Breakout, BANKNIFTY may immediately correct if Rising Trendline is broken.

Expected Price movement on downside is Projected at 23336-23232-23089-22975.
Stoploss 23640 !

تعليق:

Setup Active Only below 23336 on Spot !

تعليق:

Buy BANKNIFTY 23300 PE, 08-06-17 Expiry, above Rs.77.
Stoploss: 48.
Target: 302.
For this Setup.!

تعليق:

Now this Level is the decisive point for BANKNIFTY .