Nifty Bank Index
Long

BankNifty Intraday levels followup on 12/19

74
Like I said yesterday depending on the daily candle that showed us bulls pushing hard over the resistance level. Bulls did a nice followup.
On an Intraday basis, if we see price action is following a channel. Trade setups according to channel support and resistance.

Swing trade perspective I am still not confident to short till 32500-600 levels or I see some divergence representing the weakness in the trend.




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.