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Bankniftytrading

Banknifty chart setup for Monday 21/3In last 2 previous sessions there was huge gap up and it was total 1500 points move in just two days. Based on above chart resistance is placed at 36700 followed by 37000 When banknifty will close above 37000 resistance further up move will open. On the flip side 35880 will act as a support. Breaking below 38500 we can see 35080 level near future. How to trade banknifty on coming days? Buy above 36720 Target 1 - 36880 Target 2 - 37050 Sell below 36200 Target 1 - 36000 Target 2 - 35880
NSE:BANKNIFTY
by nmcapital44
3
BANK NIFTY viewBank nifty is at a very crucial point as of now. Due to the current situation the pressure for falling is on higher side. Wait for the re-test of breakdown or breakout whenever it happens in current weeks. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:BANKNIFTY
by simple_trader2022