Nifty Bank Index

BANK NIFTY 31/05/23

Here are the levels for bank nifty to trade for tomorrow intraday. today we can see price formed a bullish engulfing candle which is a sign of bullish strength. and the day high will the important round level it is 44500 level. i am thinking price can come to 44150 level to retest the previous all time high and fill the gap so take trades with the confluence and have proper logic, SL, target.
we can trade on the breakout of the day high and day low levels marks the day high and day low so that we can take trades on the break of either of the direction. use the fib extension so that we get the targets for upside.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.

Clause de non-responsabilité