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Bank Nifty Intraday Trade Setup | 8th March 2021Today we again opened with a gap down and traveled near our resistance line and again saw the rejection. Price came near 34900 levels which was again one of the levels marked with a white line. Expectations for Tomorrow: Both side moves. Resistance: 36300 Support: 34600 Intraday Levels: Buy Above 35320 Sell Below 35200 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
13
Nifty - Long - Swing TradeNifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag. Further consolidation was seen in the ~11800-12000 range. Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole. This is ofcourse going to be a swing trade with positions to be held for several weeks. I will post updates on the trade from time to time. Stop Loss should be maintained at 11800. Target: 12775
NSE:NIFTYLong
by joyesh
2