If bank nifty opens flat and consolidate in the range of 43380-43270 than upside breakout can give us a targets of 43480/43555/43670.
If we see a gap down in market than we need to notice the price action forming around the 43120-43150 as its important in the respect of buyers and also can see a trend line support on 15 min chart TF. Here we need to notice a price action if formed for bullish trade.
if we big gap up of 150-200 points than wait and let the form some kind on range pattern and than trade that pattern.
Major Support- 43120/ 43000/42800
Major Resistance- 4340/43560/43870
on daily chart seen a classical doji
If we see a gap down in market than we need to notice the price action forming around the 43120-43150 as its important in the respect of buyers and also can see a trend line support on 15 min chart TF. Here we need to notice a price action if formed for bullish trade.
if we big gap up of 150-200 points than wait and let the form some kind on range pattern and than trade that pattern.
Major Support- 43120/ 43000/42800
Major Resistance- 4340/43560/43870
on daily chart seen a classical doji
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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.