BankNifty Idea
Updated
Watch out for supply zone.
Buy only above Day's High on Retest.( For Bullish)
If Rejects form Supply Zone, Take positions on Retest.( For Bearish)
Keep Targets Based on your Risk Appetite.
Buy only above Day's High on Retest.( For Bullish)
If Rejects form Supply Zone, Take positions on Retest.( For Bearish)
Keep Targets Based on your Risk Appetite.
Note
Supply zone acted as Resistance and now the Day's High is Broken we can enter a position @ retestNote
36800 has some resistance so keep Targets accordinglyNote
Market is a bit choppy, so be carefulNote
Supply zone now acting as support and also Neckline
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.