rakeshreddym

BankNifty Thursday at Strong Support

rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty at strong support previously twice it took support and went up, it can happen again crucial level people react accordingly.

Be cautious going short at day lows today. Look for price action at bottom.My view is short covering expecting till 40200 i might be wrong.acccording to charts my view prediction.
Comment:
From day low it reached 40100 level
Comment:
posted this idea in live market,when price was at day low today cautioned not to go short on day lows, hoping that it helped fellow traders.if yes let me know with like the idea.

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