Pratik_4Clover

Expecting for upmove to continue

Panjang
NSE:BANKNIFTY   Nifty Bank Index
We had losses on our intra day shorts but as soon as range was broken on upside we were able to long both index, there is still more up move we are expecting so we are planning to continue looking for bullish moves to capitalize till we get back into dried out volatility situation.

Like discussed there was some stimulating news from government for banks "Govt approves strategic stake sales in 28 PSUs: Minister" thats why indexed moved up from that weakened state. Its funny how these things are timed, this is why usually retailers usually lose. :;)




Penafian

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