Bank NIFTY is at indecision point and has formed a range 400-point range which can also be considered as a no trading zone.
We may not see a breakout/breakdown of this range today and see a range bound market today but if the range is broken consider buying above 38,000 and for selling consider 36,000 as a key level.
In case Index breaks the range then we’ll trade accordingly on the Intraday data.
Trade Accordingly!
Trade setup
==============
Key support is: 37,600
Key Resistance is: 38,000
We may not see a breakout/breakdown of this range today and see a range bound market today but if the range is broken consider buying above 38,000 and for selling consider 36,000 as a key level.
In case Index breaks the range then we’ll trade accordingly on the Intraday data.
Trade Accordingly!
Trade setup
==============
Key support is: 37,600
Key Resistance is: 38,000
Telegram : t.me/Codeviser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
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.
Telegram : t.me/Codeviser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
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.