NSE:BANKNIFTY   NIFTY BANK
The nifty bank formed a "double bottom". Possible next trend is bullish with strong bullish volume to break the neckline.
T: 20642.29
There should be some consolidation zones in between while reaching this target.
Trade closed: target reached: taking support at the S&R zone. Next probable target neckline

Comments

What are the resistance and support for intraday on Monday
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@Pramodsh, The candle has breached 21134.59 level. It should act as a support now. 21249 and then 21349 are possible resistance zone.
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@rakeshjoshi_1993 , what instrument do you use? for this?
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rakeshjoshi_1993 virtualtechie11
@virtualtechie11, didn't get your question
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virtualtechie11 rakeshjoshi_1993
@rakeshjoshi_1993, how do you trade this instrument? i am in UK , use HL , so if i wanted to place a trade for this vehicle, how would i do that? not an easy question lol
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