Nifty Bank Index
Updated

Bank Nifty - Analysis for Jan 6

717
We had a nice rally yesterday. Controlling your impulsive trading on such days are important to become a profitable trader. Buy above 42580 with the stop loss of 42500 for the targets 42660, 42740, 42820 and 42960. Sell below 42440 with the stop loss of 42500 for the targets 42380, 42300, 42220, 42160 and 42080.
Note
Nearing support. snapshot
Note
Still bearish. snapshot
Note
High : 42685 Low : 41877 Nice weekend close.

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.