rakeshreddym

BankNifty Levels for Monday 14th Aug

rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty looking weak at current levels and others concerns are Dollar index which is almost 103, Dollar at 83. Adani rumours on auditor delloite exiting Adani ports , Sebi submitting papers on Adani in supreme court, FInnifty expiry.

Trade cautiously to upside as of now sell on rise scenario is better to apply.
For Monday levels to watch
44300 Above long
Targets 44400,44550,44600
44100 Below
Targerts 44000,43800,43600
(Play reversal to short at 44400,44500 levels if you find negative price action there )
Comment:
Opened right below 40100(44091 High) as mentioned level to short and reached target one if you could zoom into lower time frame like 1 or 2 mins one would got nice trade.
Comment:
Comment:
Daily Chart broke the H&S pattern
Comment:
Comment:
Good recovery both indexes

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