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Bank Nifty Update for Tomorrow |

Singkat
Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis BANKNIFTY bankniftytrend
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2
trendanalysis banknifty bankniftytrend
I expect to see a retracement or pullback. Heavy selling can take place after the completion of Pullback.
We can have a range day or Bear Trend Day tomorrow. Nifty looks like to test 21000 on higher time frame.
I expect to take Short positions after pullback.
Komen:
Tight Channel. Breakout on 1H Chart. Expecting it to show some retracement. Breaking above White Line will launch a test to MA.
Very unlikely to see straight Bear BO to 21000.

snapshot
Komen:
Range Day Today.

snapshot
Komen:
More Explanatory Idea has been updated on other chart. You can see it by clicking on the chart below.

Bank Nifty Update for Upcoming Week

Idea Berkaitan

Good_Trading_Calls
Bank Nifty Update for Tomorrow | 7 August 2020
Good_Trading_Calls
Bank Nifty Update for Upcoming Week
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