Go Bullish on BANKNIFTY above 48,600 only
Many will try to take a reversal trade in BANKNIFTY given that:
1. It has fallen so much
2. The inflation data has come out mildly positive for the market.
Please remember that it might be a temporary bounce. We will go bullish only above 48,600.
Till then, it is a 'sell on rise' market.
1. It has fallen so much
2. The inflation data has come out mildly positive for the market.
Please remember that it might be a temporary bounce. We will go bullish only above 48,600.
Till then, it is a 'sell on rise' market.
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