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17, 18th May - BankNifty is above 48115, bullish tone continues

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Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftyintradaylevels bankniftyoptions
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trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftyintradaylevels bankniftyoptions
On 16th, we bounced from 47465 and that really helped BN to reach upto 48115 on 17th. But it was unable to get past those levels.

Om 18th, BN got past 48115 resistance showing further bullish intent. Our next target would be 48661 and to go neutral we need to break 47465.
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