Nifty Bank IndexLong
Banknifty trade plan for 17-05-2023
- Banknifty trading below ATH resistance, since the trend is bullish, buy on dips is recommended
- However if price open gap down, then wait for price to take support from any zone marked on the chart
-Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
- However if price open gap down, then wait for price to take support from any zone marked on the chart
-Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
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.