Ravitejasreevatsav

Bank Nifty Important levels for Today

NSE:BANKNIFTY   Nifty Bank Index
1. In Day frame BN made Pinbar Candle which is Reversal Pattern
2. We can go long if High of Pinbar Candle Breaks
3.Chances of Consolidation between PDL&PDH
4. 37000 is Major Resistance for Tomorrow
5. If 36000 level Break 35700 is The Next Major Support


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Comment:
Made Rejection candle @9:20 at Resistance but 9:25 Candle trying to break the Resistance
Comment:
Seems like Breakout & Retest also done. It's good to initiate Long Trade above 36780 levels with confirmation
Comment:
Have a look @11:15 candle that's why good confirmation is most important before entering into Trade
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