Nifty Bank IndexShort
BankNifty 34300-34400 zone is important.
34350-34400 zone is important to hold for tomorrow. Incase it doesn't hold, 34050-34150 zone remains important suport.
34740 is 21 days EMA, important to cross and hold for any upmove.
Intermisiate structure is wek, advance indicators like 9/34 EMAs on RSI, ADX, BB all showing weakness on daily charts for past few days.
The chart and post is not an suggestion / recomendation to trade.
Please carry your own research and consult your financial consultant before taking any trades.
34740 is 21 days EMA, important to cross and hold for any upmove.
Intermisiate structure is wek, advance indicators like 9/34 EMAs on RSI, ADX, BB all showing weakness on daily charts for past few days.
The chart and post is not an suggestion / recomendation to trade.
Please carry your own research and consult your financial consultant before taking any trades.
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