BANKNIFTY finally taken a support and gud news act as a catalyst. As already mentioned in my last post May retrace to level 28000 that's the point...News always follow technicals..Still long term trend is bearish below 28800. Sustaining above 29k for 2-3 days will confirm a Bullish trend. So be wise to play. Don't get trap in Bear Bull fight of smart money. FIIs still selling but BNF is different. More Explanation will come..