Nifty Bank Index
Long

BankNifty Prediction for Tomorrow : 23 August 2024

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BankNifty Prediction for Tomorrow: 23 August 2024


The market was pretty much sideways today.

According to the Risological swing trader:

The Trailing stop loss is at 50,675

If the event of a gap down tomorrow morning, and closes below 50,675 in 15m candle close, I will be looking at buying PE side positions.

If it continues the upside movement, the upper targets are as follows. These are also the resistance zones.

Resistance: 51,430 - 52,108 - 52, 527
Trailing stop loss - 50,675

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