imsreecharan

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

Long
imsreecharan Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
I am going by two Views for tomorrow(07-May-2021)

  • View 1: If Bank Nifty opens above 33180, we can anticipate a bull intraday market with resistance at 33890 and next resistance at 34225.


  • View 2: If Nifty opens below 33850, we can anticipate a bear intraday market with a support zone at 32200 - 32400.

But Chances are that Bank Nifty may open +ve tomorrow(07-May-2021).

Note: All these views are personal.
Comment:
*** TYPO ERROR IN DESCRIPTION ****
View 1: If Bank Nifty Future opens above 33200, we can anticipate a bull trending intraday market with resistance at 33475 and next resistance at 33880.


View 2: If Bank Nifty Future opens below 33720, we can anticipate a bear intraday market with a support zone at 32200 - 32400.
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