krishnakrizz07

Bank Trade Setup for upcoming week july 29 , (LONG )

Long
NSE:BANKNIFTY   Nifty Bank Index
I would say looking at the Trend it looks like absolute buy opportunity in Bank Nifty in coming week ahead , the first resistance would be 35000 levels which acted as previous support just stay caution there it has possibility to reverse again from there , or it can break that and test the 35500 resistance levels again. so from tomorrow buy above 34600 and sell below 34300 would be a good idea but looking at week ahead , we can take the long position and keep stop loss at 34000 levels and target as 35500 - 35900

Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade. This is completely for educational purpose
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