Hello, BNF strong demand zone @ 30500-30800. I will prefer to short on bounce.
I will make a short position if it will come to 31500. I will make a short position if it will sustain below 30900. If it will be sideways that I may sell 31500 call
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Bank Nifty Note: It will fill the panding gap near 30700. After fill the gap, trading range will be positive or sideways to positive. This view will be canceled if it will sustain below 30500
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I will wait for a bounce til 31300-350 or 31450-31550 to create a fresh short position. Or once it will sustain below 30900 then I may take a short position. Still No trade.
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Today I have not taken any trade in Bank Nifty. I will update for tomorrow after market. Thank X
Bank Nifty Note: It will fill the panding gap near 30700. After fill the gap, trading range will be positive or sideways to positive.
This view will be canceled if it will sustain below 30500
Rakeshkumar01
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How to created or assume Demand & supply zone ? if any doc pls share
Swapilchoksi
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@rakeshfind22, HI Rakesh. hmm, search in YT. May be you will educational video for the same for the basic knowledge but my style is different to create supply and demand zone. Thank.
This view will be canceled if it will sustain below 30500