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The_SharkTrader

Banknifty trade plan for 17-05-2023

Long
Nifty Bank Index (NSE:BANKNIFTY)  
The_SharkTrader  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators Beyond Technical Analysis BANKNIFTY bankniftytradesetup bankniftytrend bankniftyview bankniftytrading bankniftylevels bankniftyintradaylevels bankniftyoptions bankniftyprediction
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trendanalysis indicator beyondta banknifty bankniftytradesetup bankniftytrend bankniftyview bankniftytrading bankniftylevels bankniftyintradaylevels bankniftyoptions bankniftyprediction
- 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
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