bijoy2526

BANK NIFTY can It defy the fall?

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NSE:BANKNIFTY   Nifty Bank Index
it appears to me it may rise .
support for bank nifty are 37421,47550 and resistance 37705.
As sgx nifty is suggesting we may have gap down opening
so better to buy at near lower support with strict stop loss
as shown in the figure.
or we should wait to see how 1st one hour candle behaves.
during this high volatility it is really difficult to predict the message.
this is only my study not any buying or selling recommendation.
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