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Erratic_Trader
Feb 12, 2024 4:12 PM

NIFTY and BANKNIFTY Important levels 

Nifty 50 IndexNSE

Description

NIFTY is not very indicative for now, we saw a huge fall today specially in Banknifty, while NIFTY held out good despite the Liquidity Void it had from 31 Jan rally. Now OI is -ve for both of the instruments, we shall see the price action on these levels. I am a little bit biased towards bullish movement but yes after a bear trap or consolidation. Let's see what market tells us tomorrow and we shall make our positions accordingly.
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