BankNifty - Cracks from Top @ 30900+

Index opening weak tomorrow can finish the downside target of 27750-28000 as suggested to sell below 30700 / close to 31000 in last idea


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BankNifty Last Idea
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Reliance Getting The Crack from Top of the last wave in the proposed triangle
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11:41

Trade active:

22:06 Hrs / 21st Dec2020

Next Selling in BankNifty can be taken only below 29200 which is key & critical level. Below 29200- Index can slip to 27750-28500 target zone

Thanks

Comment:

12:24 Hrs / 22nd Dec2020

Last Price- 29125

As per last comment yesterday- have suggested sell below 29200 levels.

Bank Nifty searching for support close to 29000 levels so a short term trading opportunity may arise here which could be

Buying for 29450 / 29750 / 30000 levels - Make sure Index holds above 29250 levels once it crosses as that would be a key level next

Trade active:

12:35 Hrs / 22nd Dec2020

Last Price- 29105

Zone of 28900-29000 could be important support zone & Risky Traders can look for next buying close from 29000 levels for 29450 / 29750 / 30000 levels

Safe Traders Should Buy Only Above 29450 for 29750/30000 levels target upside