Banknifty with New value area plotted with projection

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Banknifty formed a new channel which has target 31070 nearby.
This is also resistance and Pivot for changing direct for short term at 3020 nearby.

This new channel is not reliable as compare tight and bigger channel.
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This is the complate and clear picture with footprint on BANKNIFTY
注释
快照
注释
Wait for short... DONT short till.
BANKBANKNIFTYindexIndicesintradayNIFTYPivot PointsstocktradeSupply and DemandSupport and Resistance

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