[05 MAY 2021] BANK NIFTY(MAY 2021 FUT) TRADE ANALYSIS/PREDICTION

Short

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)

NSE:BANKNIFTY1! BANKNIFTY INDEX FUTURES

Support and Resistance Fibonacci Trend Lines NIFTY BANKNIFTY

supportandresistance fibonacci trendline nifty banknifty

I am going by two views for 05-May-2021:

View 1. If Bank Nifty Future opens below 32190 then it may go till 31570.
View 2. If Bank Nifty Future opens in the range 32400 - 32700 then it may be a sideways market in the range (32180 - 32730).

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