dravya

Bank Nifty - 20 May - Trade Plan

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NSE:BANKNIFTY   Nifty Bank Index
Hi guys,

Hope you’re benefiting from my charts.

For some reason, I can’t share nifty levels here, but I’ll share BNF trade plan.

Buy if it fails to break support or stays there for a long time. Target would be resistance 1.

Short if it’s unable to cross resistance 1, like it did today.

Short even if it’s a failed breakout at resistance 1.

Unlikely, but if it breaks out from Resistance 1, next destination would be Resistance 2 which will be a major thing to break.

In short, buy at support, sell at resistance.

Like and follow for updates.

I’ll update in real time if possible.
Komen:
For those who are asking for Nifty level..

Mark 9030 in your futures charts.
That's the trend deciding level for morning.

Penafian

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