Erratic_Trader

NIFTY and Banknifty Levels for Monday.

NSE:NIFTY   Nifty 50 Index
Nifty and Banknifty gave a good breakout from their earlier resistance levels, Nifty touching its all time high and now it came back to retest the breakout level. Depending on the Gap UP/Down/Flats trades will be planned. Price action after 1st hour of flat or gap up opening will give us the signs of the next movement. -ve opening may fetch the market down in a quick selling mode. Let's see. Good luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.