Bank Nifty Cmp 39909 dated 24-2-2023
A. Buying Scenario
1. Bank Support @ 39400
2. Thursday was a Doji Kind Candle.
3. Friday closed above Doji kind of a Candle.
4. Bank Nifty Corrected 4600 points from high's
i.e.10 % Correction.
Here we can Take a chance trade & buy Bank Nifty @ 40150 for target 40500-41000-41400-41800 SL 39400
B.Selling Scenario
1. Bank Nifty Support @ 39400
Sell only Below 39400 for target 39100-38500-
37900 SL 40200
IF Opens Gap up or Gap down
Don't trade we will see the Price action & we will trade.
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
A. Buying Scenario
1. Bank Support @ 39400
2. Thursday was a Doji Kind Candle.
3. Friday closed above Doji kind of a Candle.
4. Bank Nifty Corrected 4600 points from high's
i.e.10 % Correction.
Here we can Take a chance trade & buy Bank Nifty @ 40150 for target 40500-41000-41400-41800 SL 39400
B.Selling Scenario
1. Bank Nifty Support @ 39400
Sell only Below 39400 for target 39100-38500-
37900 SL 40200
IF Opens Gap up or Gap down
Don't trade we will see the Price action & we will trade.
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.