ULTRA-TRADER

BANK NIFTY ANALYSIS FOR 23-05-21

NSE:BANKNIFTY   Nifty Bank Index
Do not trade in between 34620 - 34850

Buy Above 34850 for the Targets marked on Chart

Sell below 34620 for the Targets marked on Chart

Market is following " TRIANGLE PATTERN " , For Safeside , Trade on Breakout / Breakdown of the Pattern .

If you're taking enteries , as per our analysis , set your target as per " TRIANGLE PATTERN "

Make entries only when the price action is suitable respecting to the trendline

Take Entries when Market sustains above / below our levels

Avoid entries , if there is a Huge Gap Up / Gap Down

Take Entries as per Price Action

** Only for Educational Purposes

( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )

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