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Agnostic_Swings
Jun 9, 2020 3:43 PM

Bearish below 20550, Resistance at 20850 

Nifty Bank IndexNSE

Description

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
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