PowerTrades

BANKNIFTY Way forward for This week

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Banknifty Has bounced off the Value low Zones of the Yearly profiles from 2021, Now wer are in the upper end of the ranges. Key Inflection point being the 38300-500 ranges.
Plan:
1. Look for rotation trades on the downside until 38500 is taken out, above that can tgt 40k levels.
2.Will look to play bounces off the 37k levels for a long side pullback.

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