#banknifty view for 1st Oct'21.

#banknifty view for 1st Oct'21.

The panic might be temporary, we can safely consider this as pull back.

Short Term Trend Reverses Below:- 37,000

Medium Term Trend Changes Below:- 36,500

Long Term Trend Changes Below:- 34,900

Traders might feel the heat, but you are invested, stay longer or if you get a bit correction, get some good quality banking stocks.

15 min closing above 37,680 changes the whole scenario and we are back on track.

Regards,
SG