The BANKNIFTY moved according to the magical stick hidden in our words in the 30 oct 2017 post and gave a breakout above the mentioned level 25500...... As we have predicted, that further uptrend would be seen in the market and traders should hold long positions. We have also predicted that uptrend is open up to 25500 levels for BANKNIFTY where its next RESISTANCE exists and exactly same happened. bank nifty gives breakout sharply and saw high of at 25573.40. bank nifty near its resistance level and unable to rebound from there. Finally, bears vanished from the market.
BANKNIFTY ACHIEVED TARGET 25500
TOTAL PROFIT: 24400 IN JUST 2 LOT
For now, bank nifty would open the door for 25650
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