Bank Nifty Levels to trade

Aug 17, 2020

There was huge buying in Bank nifty in the last 1 hour of today's trading day. tomorrow if the US market and SGX nifty are positive then the Indian market can open gap up and we can see bank nifty heading towards 22,000 levels. Also, there is too many resistance levels around 22,000 levels which suggest It'll be hard for Bank nifty to cross and sustain above 22,000. Do watch price action before taking any trade.

Please Note - All the green lines mean the support zone/demand zone
and all the red lines mean the resistance zone/supply zone.