BANKNIFTY INTRADAY7.12.2021
1. BankNIFTY is out of channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 36000/35500 , and will act as a support
3. As per RRG Graph PSU index is better than Private , Possibility of gap Up ,
4. If the Gap up is near buy zone it will reversel back to target 1/2/3/4/5
Like if you agree with the analysis
1. BankNIFTY is out of channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 36000/35500 , and will act as a support
3. As per RRG Graph PSU index is better than Private , Possibility of gap Up ,
4. If the Gap up is near buy zone it will reversel back to target 1/2/3/4/5
Like if you agree with the analysis
Note
BanknIfty respected the Levels so far , omowrrow will be D day Fed will play a great role for Break Up and Break Down , BNF will flllow the levels , Hold tight
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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.