TRD35

Banknifty underperforming Nifty #NFvsBNF

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty view for this month expiry. We are seeing BNF is a lot weaker compared to NF. BNF retrace is comparatively very weak. 22k on BNF is the range to watch with a probable upside of 23.6 and further upside of 25.5.

Always trade with caution, use stop loss to avoid losses while taking trade. Ensure you have a sound risk management strategy in place before you speculate in Futures and Options (FNO) instruments

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