Another SIDEWAYS market coming up..?

25 Tem

Following the global cues, we can expect BANKNIFTY to open strong but we must take into account if BANKNIFTY manages so sustain itself at higher level. Since BANKNIFTY is in downtrend as of now, despite the strength we can expect BANKNIFTY to fall despite its strong opening hence as long as BANKNIFTY is below 52000 every rise is a selling opportunity so plan your trades accordingly.