PocketMoneyTrader

Bank Nifty 15 min Chart analysis for 30/8/2021

Long
NSE:BANKNIFTY   Nifty Bank Index
As given in the 15 min chart nifty trying to create the downward channel. As the channel is for 15 min so it can give the breakout at any time. If there is any big gap up or gap down then this level might get change.

At the micro-level,
1. The resistance level is 35790 and 35920.
2. The support level is 35350 and 35050.

Don't try to take the trade at channel breakout as the resistance level are quite critical.

Happy Trading To all !!

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