Omahto

BANKNIFTY Intraday Trade Setup For 07 Dec 2021

Omahto Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Intraday Trade Setup For 07 Dec 2021

Buy-None

Sell-Below 36690
Sl-35700
T-35526 35380 350100

BANKNIFTY has closed below 36000, so 36000-36040 will act as an resistance, consider a short trade from this area.
best scenario to trade is if index opens flat and crosses 36690 then short then short for the target of 35380.
Below 35300 index will fall freely till 35000.
Trade active:
Sell Level Updated Below
BANKNIFTY Intraday Trade Setup For 07 Dec 2021

Buy-None

Sell-Below 35690
Sl-35700
T-35526 35380 350100

BANKNIFTY has closed below 36000, so 36000-36040 will act as an resistance, consider a short trade from this area.
best scenario to trade is if index opens flat and crosses 35690 then short then short for the target of 35380.
Below 35300 index will fall freely till 35000.

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