Nifty Bank Index
Short

Level for expiry day

213
Hello Traders,

As expected, we faced resistance at 43000 and there was a profit booking of nearly 400 points upon it failed to hold above 43000.

In an hourly time frame its looking like index was re-testing the breakout and there is an upside possible till index holding above todays low i.e., 42620 but 42850 & 42900 range can act as very important resistance. If index reversing back and breaking 42620 then we may see a good down fall.

Have a profitable monthly expiry.


Thanks for watching!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.