kranthi85

03-May-23 Bank Nifty Analysis

kranthi85 Updated   
NSE:BANKNIFTY   Nifty Bank Index
03-May-23
Expecting a very short range. Will look for short at resistance and buy at support

If open is between 43430-43305 then wait for price action to take place

If the open is above 43430 look for short from the resistance
If the open is below 43305 look for long from support
Comment:
As predicted opened gapdown and took support at 43186 went till 43305.. It was decided that today it will be short range.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.