AGM OF RELIANCE, MONTHLY EXP, A day full of events for BANKNIFTY
BANKNIFTY gave good closing which was around the NECKLINE of W pattern!
Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found
Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for !
And event being MONTHLY EXPIRY and AGM meeting of RELIANCE can drastically affect the market!!
Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found
Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for !
And event being MONTHLY EXPIRY and AGM meeting of RELIANCE can drastically affect the market!!
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