Bank Nifty Trade Setup for 18th aug
Hi Guys,
Bank Nifty trading near resistance zone.
Up side movement -
If Bank nifty break yesterday's high and sustain (5-10 min ) above 39530 level then we can go for 100-150 points upside movement.
Down side movement -
Bank Nifty took multi time support of trend line if it breaks below 39300 then we can short bank nifty. target 100-120 points.
Please keep your position low and maintain 70-80 points index stop loss.
Happy Expiry!!
Bank Nifty trading near resistance zone.
Up side movement -
If Bank nifty break yesterday's high and sustain (5-10 min ) above 39530 level then we can go for 100-150 points upside movement.
Down side movement -
Bank Nifty took multi time support of trend line if it breaks below 39300 then we can short bank nifty. target 100-120 points.
Please keep your position low and maintain 70-80 points index stop loss.
Happy Expiry!!
Penafian
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