Nifty bank
Updated
Today NIFTYBANK traded in a choppy zone. It stops trade at 42300. Moreover volatility in Indian Stock Market today was low. In a shorter timeframe NiftyBank is forming a flag pattern this may depict a small bounce towards 42900 keeping our stoploss cost-to-cost. However, it is still in its bearish mode watching past weeks data which shows its support near 41800.
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BANKNIFTY
If you like my thought in a clear and concise then boost up my post.
Thank You for your patience and keeping confidence on me.
BANKNIFTYTrade closed manually
During morning session niftybank touch 42700++ but it could not resist that level and started falling. Eventhough it has given more than 100++ pts premium for ATM calls on BTST basis.Rest we shall update tonight for the tomorrow's movement.
Enjoy the moves with us.
Happy Trading🙏🙏
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