Swapilchoksi

Bank Nifty: Sext Demand Zones

Education
NSE:BANKNIFTY   Nifty Bank Index
BNF closed below its supply zone @ 27780-27900. On Monday one it will fail to sustain above this zone then it may test its next demand zone @ 27200-27370.
In any case, sustaining below 27200-27360 another 1000 points downside range will open. It's next minor support @ 26945 and then next major demand zone @ 26140-26350.
Both indexes may be volatile because IVX is trading above 25. It's difficult to trade in the Future with strict stop loss.
Trade Well

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.