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neerajlalwani081
Jul 12, 2021 10:47 AM

#Banknifty Trade Setup For Tuesday (13th July) 

Nifty Bank IndexNSE

Description

So as you seeb Banknifty touch the level of 35220 and then reverse.
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In the previous day you can see there is a strong resistance on the level of 35220.
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It touch multiple times, so for tomorrow there is two scenarios.
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1. If Banknifty break the level of 35220 then you should go for CE after the confirmation of 15 minute green candle.
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2.Maybe Banknifty is in rangebound between 35050-35200.
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If Banknifty break the support of 35000, then we can see the high pressure of selling you can go for PE.
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