CodeViser

Bank Nifty - Trade Setup for 22th June 2018

NSE:BANKNIFTY   Nifty Bank Index
Hello all ,

Bank Nifty is so slow yesterday and did not make any major move, maybe it's happened because of the June Closing. There is 2 major point of bank Bank Nifty and it was traded btw in these 2 points for a couple of weeks.
26136 is a major support and 26762 is resistance. Bank Nifty was trading btw in this channel but I had seen a bearish divergence in 2 hour time frame and think that bank Nifty will be breakout his support today and will go lower. I did not have any target in my mind because of The market scenario. We will see where is it going . First 30 minute is important to watch but yeah I will avoid to with call or buy Position .

Good luck

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