UnknownUnicorn5967506

Bank Nifty Analysis

Education
NSE:BANKNIFTY   NIFTY BANK
Please find the support and demand zones in the chart.
Data is suggesting BNF range will be 32000-32500.
My Trading plan" I will buy BNF Future if it will sustain above 32540 for 15 to 30 mins.
Option Selling: I will wait for some time for the conformation for the option selling but I will avoid call writing because BNF is also making higher highs in higher time frame and still there is no reversal sign.

Comment:
Still waiting for the conformation. I am not in favour of Short unless and until it will sustain 32100. I want to wait for some time for the conformation. Below 32100 it will give 1st reversal sign. Thank x
Comment:
Still no position in BNF. I will make a position on Monday.
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