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deepss4u
May 13, 2021 1:19 PM

BANK NIFTY Short

BANKNIFTY INDEX FUTURESNSE

Description

Important levels for 14-05-2021.
The prices tried to move higher at the start of the last session but were rejected from the previous day's VAL and price being accepted well under gives us an indication that a up move is highly unlikely to happen.
32670 zones will act as immediate resistance and shorting near these levels will be great for a target of 32120 levels.
Safely we can add more quantity once 32450 is broken.

Comment

Worked pretty well, but the fall was slow with many mini pullbacks
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