Swapilchoksi

Bank Nifty: Trade Plan for Long Position

Long
NSE:BANKNIFTY   NIFTY BANK
Bank Nifty closed between its demand Zone @ 30450-30500. I am expecting one bounce from this level.
My view is similar in Bank Nifty also. I don't think I will get the follow-through in a short position.
Also, Index is very choppy so I will trade in Option writing instead of long/short Future.

find the supply and demand zones in the chart

Trade well

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