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SaiKiran578

Bank Nifty July Expiry Setup

Short
Nifty Bank Index (NSE:BANKNIFTY)  
SaiKiran578 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
4
5
trendanalysis
BANK NIFTY has reached it's crucial resistance 23100 on July 8th.

My view for July Expiry is Bearish with a target of 21200.

Note: It will be bullish, if it goes above 23200.
Trade active
Trade closed: target reached:
Happened Exactly what I predicted.
Comment:
Support level reached for BankNifty as mentioned in the channel pattern. My analysis, it has to bounce back from these levels. Let's see what happens tomorrow.
Comment:
Exactly predicted the move.
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