Bank nifty trades and targets - 21/5/24

20 mag

Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones. We had a break of 3 days and premiums decay will happen very fast at the start and 50 minutes thereon, so be very careful before taking any trades at the first 45 minutes.