Nifty Bank Index

BANKNIFTY can move bothside ? How??🤔🤔

107
Scenario 1:

bnk nfty may gap-down 250-300 pts. then go long on higher highs or proper retest.
sl :- ~ 41740 or nearest swing low of 41740
tgt:- 42100
timeframe: 3min, 5min


Scenario 2:

bnk nfty may open flat after touching the supply zone of 42410-42460
then go short area on lower low or proper retest.
sl :- ~ 41460 or nearest swing high of 41460
tgt:- 42172 and 41825 (**try till 41825 using trailing sl)
timeframe: 3min, 5min

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.