ajinkyadiwakar717

BANK NIFTY INTRADAY LEVELS

Short
ajinkyadiwakar717 Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY BANKNFTY hits the strong daily support and manages to recover few 100 points again, bnf max bounce can be expected till resistance 2 area before coming down again, once we brake the strong support zone we can expect to hit target 1 in one go and target 2 can be achieved by next day, be carefull and dont chase the market, trade at the zonez with 15min/1hr candle close confirmations.
Comment:
as expected bnf retested resistance 1 with gap up today and swiftly gave target 1 after breaking the strong support zone by the end of day, cheers!

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.