Expecting BN to Gap Up open, I see the trend of Bank nifty has changed to Bearish when we look into last one-two weeks sessions.. So What I'm expecting for next week is just pull back to 39300 breakout level..
For Tomorrow (Monday) if any pull back to CPR or previous day high (around 38600-38700) will be a buying opportunity and target is 39100.
39300 will act as strong resistance, so we can look for Sorting opportunity if there is a strong reversal pattern. You can see the levels for tomorrow on the chart.
Happy Trading!!! :-)
Trade active
Hi Traders,
Hope my levels area perfectly respecting... If you feel the same please do like my ideas and support by following me for more ideas to publish.
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.