Banknifty Setup For Tuesday 29/03/2022

During the session banknifty made strong come back from bottom and closed above morning high.

On the daily time frame the index made a hammer candle which is bullish sigh.

Banknifty components are doing great and strong traction is visible.

Trading setup

Buy above 35770
Target 1 - 35900
Target 2 - 36030
Target 3 - 36160

Sell below 35470
Target 1 - 35350
Target 2 - 35210
Target 3 - 35030

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Stay tuned for intraday update.