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KuberPriya
Dec 4, 2020 7:27 AM

TECHNICAL REASON FOR 4 DEC BANK NIFTY FALL 

Nifty Bank IndexNSE

Description

7 DAYS OLD GAP IN BANK NIFTY FILLED TODAY AND NICE FALL
LETS SEE, TODAYS GAP CREATES RESISTANCE OR TAKES SUPPORT

Comment

Took Support, already 200 points up in 20 mins

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more to go, TARGETS CAN BE 29870, 29970, 30080

Comment

Target 1 done

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Target 2 done

Comment

Took support at Target 2

Trade closed: target reached

Target 3 done

Comment

Typo error : BN gap filled 2nd time* today which created a resistance ( it was 1st filled on 25th nov itself )
Comments
TargetHit
wow👏🏻 how many times a gap fills? or makes resistance? next time if banknifty comes at that big gap what will hapen?
KuberPriya
@TargetHit, Now since spot is above gap, if it comes back to that level it should take support & bounce
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