Banknifty is to Obey the Bulls !

Banknifty has tested for a long time in the historical trading range as marked in the graph and exiting that is itself an achievement for the bulls. It is much promising for this zone's upper bound to be tested no matter how strongly it comes to test it.
IT IS and IT IS BULLISH !


This fact is difficult to digest considering the blood bath on Last Expiry Day, but hey ! We are not to base everything on one day's move the overall trend is to be identified and accredited.