Trade setup for Bank Nifty for 06 Jan - Likely to kiss 32000 lev
Bank Nifty most likely to make 32000 before expiry
Closing sentiment on the bank nifty was high and bulls displayed a clear upper hand and closed well ahead of the previous session sell zone.
Bank Nifty likely to open flat or a small gap up and we can expect good volatility a day before expiry. Look to buy bank nifty on dips and wait patiently for upper targets as marked on the charts.
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.
Happy Trading !
Closing sentiment on the bank nifty was high and bulls displayed a clear upper hand and closed well ahead of the previous session sell zone.
Bank Nifty likely to open flat or a small gap up and we can expect good volatility a day before expiry. Look to buy bank nifty on dips and wait patiently for upper targets as marked on the charts.
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.
Happy Trading !
Trade closed: target reached:
Bank Nifty Reached 32K as we have analysed