Bank Nifty Support and resistance 28 July
1. 28 is a expiry day . take ATM or ITM strikes
2. FII has sell position for 4 consecutive days
3. US markets are higher. Nasdaq is up around 2 % at the time of writing this report
4 Bank Nifty is in bullish mode . 37000 holds important resistance .. However its likely that this important level will be breached tomorrow. Look for long positions when there is break out in the resistances marked in the chart
5. We are yet to watch the US fed policy decision ar 1130 US ime today
2. FII has sell position for 4 consecutive days
3. US markets are higher. Nasdaq is up around 2 % at the time of writing this report
4 Bank Nifty is in bullish mode . 37000 holds important resistance .. However its likely that this important level will be breached tomorrow. Look for long positions when there is break out in the resistances marked in the chart
5. We are yet to watch the US fed policy decision ar 1130 US ime today
Trade closed: target reached
As mentioned in point 4. Bank Nifty Closed above 37000 at 37300 levels
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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.