Bank nifty trading plan for Friday.
There is strong trendline resistance up front and that too will collapse with opening. BNF can continue to make LH-LL.
Trade plan on gap up: possibility of small pullback before continuing journey towards 36000. Go long after the retest of trendline.
Gap down: this will be a continuation of LH-LL pattern and can be a big fall.
Neutral opening: go long above trendline or go short below 35100.
Trade plan on gap up: possibility of small pullback before continuing journey towards 36000. Go long after the retest of trendline.
Gap down: this will be a continuation of LH-LL pattern and can be a big fall.
Neutral opening: go long above trendline or go short below 35100.
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.