Agnostic_Swings

Bearish below 20550, Resistance at 20850

NSE:BANKNIFTY   NIFTY BANK
Case I > Opens/goes below 20550, retests it : Bearish
Target 1) 20350
Target 2) 20000-19850

Case II > Takes support at 20550 : Bullish
Target 1) 20850 - 21100
Trade active: Market stayed flat for most of the day and shot up in the last 30 mins.

If it sustains 21100 tomorrow then can move towards 21450.

But being an expiry day, it could also stay flat
Comment: Targets hit on both upside and downside

Comments

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