indiamarketoutlook

Bank Nifty: Imp levels for Bank Nifty to watch out for...!!!

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NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty
Closing Price 26098

Levels mentioned in the chart


Resistance 26288-26450 zone

Support 25800

Below 25800, doors will open for Bank Nifty to fall up to

25280 levels ...


Take care & Plan your trade accordingly...!!!
Commentaire:
Well Bank Nifty opened with a big gap down and on expected lines below 25800, the index has tested and is trading right in the 25200-25280 zone...

Its still not worth to do leverage trade...

Keep calm and wait for the opportune moment...!!!
Commentaire:
No trade was done today but we see levels identified with Technical Analysis being respected to a great extent...



We are still not out of the woods... in coming days there could still be more selling pressure coming

Resistance level mentioned is still intact

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