Bank Nifty view

Bank Nifty
CMP 24135

Observations

- Trading in consolidation channel

- Trading above 20 min and 50 min EMA


Breakout above consolidation channel will lead Bank Nifty towards 24400


Buying may be considered in 24140-24080 zone

Stop loss at 24000 on closing basis


Take care & safe trading...!!!

Trade active:

Last price
24109

Right in the middle of the zone of 24140-24080

Trade closed manually:

Bank Nifty update

CMP 24160

Look to book profits for now and close the trade. We Wait for RBI policy

Happy trading