Elango_Maha

BANKNIFTY Price Action Trading Method

Short
NSE:BANKNIFTY   Nifty Bank Index
As per the analysis, market in a neutral zone, heading towards bearish sentiment
This SUPPORT & RESISTANCE works live and expect a bounce back to that levels.
PROBABILITY :-1
For 10th Tuesday, there will be a Shorting Opportunity if BANKNIFTY open and close BELOW 9th Monday Close.
Take ABOVE LEVELS AS RESISTANCE.
PROBABILITY :-2
For 10th Tuesday , there will be a Buying Opportunity if BANKNIFTY open and close ABOVE 9th Monday Close.
TAKE BELOW LEVELS AS SUPPORT.

SELL AT HIGH , BUY AT DIPS.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.