BANK NIFTY
Updated
Important Levels for 26-05-2021
The index held on to 34650 levels for long and once it broke it tested support zones of 34450-34500 and we had a wonderful upside rally.
Still not confident of taking longs as long as 35000 not taken out with good volumes.
Will prefer to short below 34700 with targets of 34550 and 34450.
I am having a bearish view.
The index held on to 34650 levels for long and once it broke it tested support zones of 34450-34500 and we had a wonderful upside rally.
Still not confident of taking longs as long as 35000 not taken out with good volumes.
Will prefer to short below 34700 with targets of 34550 and 34450.
I am having a bearish view.
Note
First short target achieved in minutes
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