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rakeshreddym
Jan 28, 2023 8:26 AM

Bank nifty levels for Monday  

Nifty Bank IndexNSE

Description

Bank nifty levels for Monday ,39600 to 39800 is area of demand it will resumes uptrend if those support held.expected range 40000 to 40600. Anything below 40000 I will wait d9nt short, look to buy opportunity at demand area.

Trade active

So far working as per analysis , checked demand area and went up, told you in my earlier post not to short below 40000 rather look for buy opportunity, Rest is all in front of you ,

Trade active

if retests demand zone again look for long who ever missed in morning will try to renter there , check price action in demand zone before entry.

Trade closed manually

Day low got broken avoid going long closing, Morning it reacted to demand zone , EOD not worth taking new trades . thanks for people who ever liked my idea
Comments
rakeshreddym
play the chart to see the magic of demand zone reaction
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