Updated

Bank Nifty levels for wednesday

Bank nifty is bullish above 40800 if sustains for 15 mins can go long , it is making rounded bottom to upside targets of 41500 to 42000 this week , don't expect beyond those levels it may be pre budget rally .Marked with resistance levels on given chart one can exit there or book partial profit around that area.

if price comes under today's range that is Tuesday not sustaining above 40800 then it will be sideways to bearish scenario,

Happy Trading ...

Trade active

Gap up not sustaining below 41000 may test 40800 to 40600

Trade closed manually

Yay Perfect rounding bottom completed , initially thought of gap up wont sustain but budget helped it move up.

Note

Both targets reached as per prediction if sustains above 40800 ..

Note

As i mention in my idea earlier don't expect more than specified targets and to book profits there, Big fall from the targets .

Trade closed manually

Worked as predicted.

rakeshreddym

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rakeshreddym

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