RisingPrince

Nifty Bank next moves on 25MAR2022

NSE:BANKNIFTY   NIFTY Bank Index
Black trendline crossed As I mentioned earlier chart which is attached below and Redline is another major diagonal trendline.
I'm on the Bullish side at this level, But I still can't decide exactly what the market will do.
If the market starts with a green candle it may retest to 35375, wait to reject confirmation candle to go upside or
if it crosses down this red line then it may reach to 35067

The above analysis is my view only. The market can turn any side anytime, depending on several factors so protective play is always safe.

Anyway, stay alert to come out if you are going to lose.
Never take risk all your Capital, Try to stay in the game by protecting your capital. Hope never makes you win, only Technicals and your mindset makes you win.

Note: I'm not a financial advisor or registered analyst please follow the expert's ideas also before you trade.
If you like or win from my idea please like and comment to encourage. Ask me if you want any chart analysis.
Comment:
As I mentioned above, it came down to the 35067 line then it went back. from now please be cautious in every trade.

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