BANKNIFTY FOR 2 NOV 2020

Bank nifty is testing a dynamic support zone . Either side break might see a strong move. Let's watch out for the breaks

Scenario 1
If it breaks on the upside , good will be to pick up longs on the white trend line

Scenario 2
If it breaks the dynamic support, wait for slight pull back to short or strict sl with the dynamic support/resistance zone

Comment:

bought at 24200

Trade closed: target reached:

closed long positions at 24625