Learnase

BNF Shrank Today - Pressure Building for Big Move!

Learnase Updated   
NSE:BANKNIFTY   Nifty Bank Index
BNF repeated the price action as same as on 21st March. Have a look!

There are no good active moves since last few sessions! Frequency between Time and Momentum is being mismatched.

Tomorrow or Day after tomorrow - Hoping for the big active move!

Levels are simple
- Zone between the two blue lines are nuisance completely. Good for range trading.
- Zone beyond the lines are good enough to act.

Mind indicating for downside confirmation! Let's see!
Comment:
What a dirty market today! A complete nuisance.

.....still

Levels are simple
- Zone between the two blue lines are nuisance completely. Good for range trading.
- Zone beyond the lines are good enough to act.
Comment:
Nopes! Not even today BNF could broke above. 3rd attempt!

Now things are simple for tomorrow
- if Bullish - Definitely Gap Up Open
- If Bearish - Price will follow multiple top pattern

.....still

Levels are simple
- Zone between the two blue lines are nuisance completely. Good for range trading.
- Zone beyond the lines are good enough to act.
Comment:
Mind was disappointing! Calculations win over mind! BNF looks Bullish after gap up open above the blue line. Best trade was to act when prices came closer to top blue line!

An another analysis for new moves - soon!
Trade closed: target reached
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