Menan_trades

BANKNIFTY Spending Time At IMP Resistance Zone

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty is in range from last two weeks. Its most to be break upside and can be directional till 42000 levels.



Can initiate a trade for upside after it starts to trade above 41550-600. Immediate target for upside will be 42000 levels.
It is preferred to trade with full quantity for upside as it favors the trend.



For Downside, 41000 levels need to broken up .
It is preferred to trade with half quantity.


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.