Banknifty fresh analysis.
Updated
Nifty bank was always tricky for me as it has reversed not from any resitance as nifty did. Still I was hoping it will hit next support zone without breaching resistance zone I have disclosed in my earlier post. But the resitance zone has been breached and I am forced to analyse it for ranges.
Best part of it yesterday while it retraced back and went on to breach my earlier mark resistance zone, did not give me any confirmation for short entry.
Now will wait for fresh entry.
Best part of it yesterday while it retraced back and went on to breach my earlier mark resistance zone, did not give me any confirmation for short entry.
Now will wait for fresh entry.
Note
anxious moments for Bank nifty closing right in resistance
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