BankNifty is trading in a range, and now it has taken support at lower range and also given a breakout of falling tredline in short term so we can assume a bounce back for 200-400 points in banknifty. So if anyone wants to go long from this levels can go right now it is trading at 39085 keep stop loss at 38875 and go for target 39300/39400/39500+. Chances are high for bounce back from these levels but still follow strict stop loss to take this trade.
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