BankNifty Analysis - BIG MOVE ABOVE 35000 TO 38000.

BankNifty Analysis - As mentioned in earlier weekly analysis of BANKNIFTY, 34000 was a strong buying zone, please check linked chart analysis of previous week for more detail.

1. DEMAND ZONE 34000.

2.Broke 34000 but reversed immediately, strong buying from SUPPORT ZONE.

3.BUY -
1. If trades above 35000.

2. Stop 34800.

3. Target - 36000, 37000, 38000.

4. SELL -

1. If gives weak pull back below 34000 as shown in the analysis.

2. Stop above 34000.

3. Target - 30000.