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BANKNIFTY - Jan 4 Analysis

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Rectangle Supply and Demand BANKNIFTY bankniftytrend bankniftytrading bankniftyview bankniftyanalysis bankniftyidea bankniftylevels bankniftyanalsyis bankniftytradesetup
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supportandresistance rectangle supplyanddemand banknifty bankniftytrend bankniftytrading bankniftyview bankniftyanalysis bankniftyidea bankniftylevels bankniftyanalsyis bankniftytradesetup
We can see market has given a breakout of 15 min range in the end.

Case 1 - Market opens big gap up, comes down, takes support and shows bullish sign then I will go long.
Case 2 - Market opens flat and form 5 min bullish candle above the range, I will go long
Case 3 - Market is within the range and consolidates and breaks down the 15 min range, I will go short.

This is my trading plan to execute with my risk management policies.

Don't rush, Wait Patiently and Trust the Process.
Penafian

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