vaibhav.rf

Bank Nifty Monday 15th May View

Long
vaibhav.rf Updated   
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty if in case we open gap down tomorrow and form any bullish price Action near Support marked by shaded red line than we can look to go long with target of 44000...Selling only good if we go below Friday low which is near to 43300 and form any bearish Price Action than only will look for sell trade..

Selling also can be seen intraday if any big gap up happens directly near to 44000 and forms any bearish price action there on small time frame...
Trade closed: target reached:
Bank Nifty gave the perfect dip and hit our target of 44000..

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.