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ULTRA-TRADER
Jun 22, 2021 3:58 PM

BANK NIFTY ANALYSIS FOR 23-05-21 

Nifty Bank IndexNSE

Description

Do not trade in between 34620 - 34850

Buy Above 34850 for the Targets marked on Chart

Sell below 34620 for the Targets marked on Chart

Market is following " TRIANGLE PATTERN " , For Safeside , Trade on Breakout / Breakdown of the Pattern .

If you're taking enteries , as per our analysis , set your target as per " TRIANGLE PATTERN "

Make entries only when the price action is suitable respecting to the trendline

Take Entries when Market sustains above / below our levels

Avoid entries , if there is a Huge Gap Up / Gap Down

Take Entries as per Price Action

** Only for Educational Purposes

( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )

PLEASE DO LIKE , COMMENT OUR POSTS .
Comments
rvece09
What is the expectation of bank nifty on 24th June- tomorrow, will it open gap up or gap down ?
rvece09
nice one, it helped in taking decision
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