Nifty Bank Index
Updated

BANKNIFTY--Consolidation or Rise ??

1181
Bank nifty index is now at Important level of support...
we have a bullish gap left at 43800 levels...
yesterday price broken the trendline and will gives retest...
If price consolidate at support may breaks the support at 43800-43600 levels...
Keep safe...
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If we want to go long...wait for the break and retracement...
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price is still in the range..
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now this is also important resistance...
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If this bullish move failed to take the price upside...then will go for short side...
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careful guys....
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clears the liquidity on top side...
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Don't go for short side...
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Enter long in this zone...
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that will test the resistance and rise again...keep safe...
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start booking profits...
Trade closed: target reached
Exit few....at important resistance...44500-44600
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Trade closed: target reached
exit guys end of bullishness
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