Nifty Bank Index

BN for tommorrow

BN now in channel & at crucial level. it should crossed above 25000 for 25200 target and then 25500. but looks 25000 is good resistance.
BN has to break that resistance for bull ride.

IF gap up above 25000 wait till retest for 25000 bullish candle with volume for high side. otherwise it's not sustainable move.
if gap down wait to break of todays high will lead to 25000 and then 25200.
Flat opening. look for price action after setup of market movement. any side up or down.

BE CAUTIOUS. JUST VIEW. DON'T BLINDLY TRADE.

Disclaimer