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BANKNIFTY Short term Long

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BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
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NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
Banknifty futures has taken support at 34687 and has broken above the average short term averages in lower time frames, the next immediate support is at 34136.10. Also price action point to higher high in the making. So chances of movement above are higher.
Komen:
Banknifty currently is new short term support.
Big selling candle at previous resistance yesterday. Reduction in position or square off a good choice for risk aversion.
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