Nifty Bank Index

Bank Nifty Intraday Trade Setup for 22'th May 2020

413
Good Morning Everyone,

Bank Nifty is still weak and volatile in Intraday. Hope you guys has did good in Expiry and made some good breads in Intraday.

Technical View
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Index trading in a range and this range will be decide that where our Bank nifty trade will be trade in next week. Upside level is 18,200 and lower side level is 17,700.


Resistance : Bank Nifty Intraday resistance is on 18,200 and key Resistance is on 19,200.
Support : Bank Nifty Intraday support is on 17,700 and Key support is on 16,600

Trade Setup
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Long Position can build above then 18,200..
Short Position can build Lower then 17,700

Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.

Good Luck and Happy Trading
Virendra Pandey

Penafian

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