Prepare to go long BANKNIFTY between 34300 & 34000
Updated
All my trend lines have been respected lately, waiting patiently has always given great results. If the fall continues towards 34000 level.
- BankNIFTY has a great Supply zone between 34300 & 34000, great to start adding BankBees, BN futures or Banking stocks during this zone in every dip.
Confirming with Fib .50 levels, 100 EMA, and previous demands zone at the same level.
If this pull back is successful BN might head towards 44000+ range.
Trade active
Levels activated/Added BANKNIFTY FUTURES and BANKBEES.
Comment
Added more quantities of BankBees.
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.