BANKNIFTY

I'm posting a long term view of Banknifty

It will outperform even nifty in the long run - I expect 18500-20000

It is wise to invest in banking stocks. However, Banknifty will test 8000 that will be the time to enter banking stocks.

Here's a daily chart of Banknifty

Keep a SL @ 10370 & go long for 11400 - There is a WW in the making