As per the chart above we can see that bank nifty is facing resistance and is also nearing its trend line support.
A Breakout is awaited on either side to take a position.
One should wait for it.
For educational purpose only.
A Breakout is awaited on either side to take a position.
One should wait for it.
For educational purpose only.
Trade active:
As per the trade initiation levels marked in the pic,
Bank Nifty gave upside break out
From the levels of 29,905......bank nifty is now trading at 30,275.
Bank Nifty gave upside break out
From the levels of 29,905......bank nifty is now trading at 30,275.