Nifty Bank IndexShort
Bank nifty conditional good short candidate
Bank nifty spot cmp :- 35765
Bank nifty is making inside candle formation,, with narrow range . breaking below which would lead to nearest gap filling which is around 35400 to 34550 levels.
Breaking below 35400 and sustaining for 20-30 mins will lead to fall till levels of 34780-34820 levels..
further below 34780 if breaks and sustain can fall to levels of 34180-34300 range..
Big gap around 33300-33600 range is pending to be filled,, which can be filled if breaks below 34000 levels and sustains...
View gets negated above 35800 once trade gets activate.
Bank nifty is making inside candle formation,, with narrow range . breaking below which would lead to nearest gap filling which is around 35400 to 34550 levels.
Breaking below 35400 and sustaining for 20-30 mins will lead to fall till levels of 34780-34820 levels..
further below 34780 if breaks and sustain can fall to levels of 34180-34300 range..
Big gap around 33300-33600 range is pending to be filled,, which can be filled if breaks below 34000 levels and sustains...
View gets negated above 35800 once trade gets activate.
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.