BANKNIFTY 08-03-2022

BANKNIFTY 08-03-2022

Monthly Bearish
Weekly Bearish
Daily Bearish

Conclusion Trend is Downtrend

BANKNIFTY BEHAVIOUR
1). 3 Days Continue Selling
2). GAP Pending
3). Daily, Weekly, Monthly All CPR are Vergin
4). Monthly S2 32430 Weekly S2 32793
5). Daily RSI Near 21

Conclusion One PullBack is pending
My View Expecting A pull Back Atleast up to 34527

Action to be Taken on 08-03-2022
BUY ABOVE 33200 WITH SL 1 15 min close below 33000 TGT 34527-34720-36000-36490-36630

NOT INTERESTED TO SELL AT LOWER LEVELS