protrader1969

BANKNIFTY for 02 June

NSE:BANKNIFTY   Nifty Bank Index
Banknifty too finished with HH and HL candle today like Nifty. But as is evident BNF is slightly weaker even though today it rallied due to announcenments of easing of lockdown measures. Today's move in banknifty created a selling area, so one can sell between 20105 and 20225. Keep SL at 20300 with target of atleast 19800. Buying area remains as mentioned yesterday which is quite far now.
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