BANKNIFTY- Trading plan coming sessions #BNF #BANKNIFTY
The previous week marked a consolidation at a higher level for BANKNIFTY and we also saw a significant divergence between NIFTY and BANKNIFTY.
The trading zones of 25540-25640 served as a supply zone for buyers and trading there or above that range should be a candidate for a pullback trade.
On the upside a conclusive break above 25750 needs to be supported by NIFTY as well to test the levels of 25900-920 which was a weekly volume traded zone.
The trading zones of 25540-25640 served as a supply zone for buyers and trading there or above that range should be a candidate for a pullback trade.
On the upside a conclusive break above 25750 needs to be supported by NIFTY as well to test the levels of 25900-920 which was a weekly volume traded zone.