knstocks

BANKNIFTY - 15 MIN - FOR 04/04/2022 TRADE SETUP

NSE:BANKNIFTY   Nifty Bank Index
Hello Traders,

Last week was a very BULLISH week for the BANKNIFTY.

A very important RESISTANCE level 36615 was breaked and price was closed above that level.

The bullish momentum may also continue this week.

BANKNIFTY is considered BEARISH only when the price BREAKDOWN then 36120 level face resistance.

1) Go LONG - when BANKNIFTY break above 37235 level

TARGET -----> 37720

2) Go SHORT - when BANKNIFTY break down 36120 level

TARGET ---> 35800

Do comment your thoughts...

Thank you <3

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.