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Banknifty Future Intraday & Positional view

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BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
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NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns Technical Indicators bankniftytradesetup bankniftytrend profitabletrading priceactionanalysis supportandresistancezones
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trendanalysis chartpattern indicator bankniftytradesetup bankniftytrend profitabletrading priceactionanalysis supportandresistancezones
BANKNIFTY is positionally bullish. I have drawn a shaded region. If Banknifty goes below the shaded region with volume, it may touch once 40790-40760. After that it should go in upward direction.
If banknifty directly open at 40770-90 region, then you can take long trade with the Stoploss of 50 points. Target 42000 ,42500
But if it sustained below 40780 then it is cautious for bull.
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Target hit
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