Nifty Bank IndexShort
Banknifty 28-feb-2023 intraday Trade analysis
BankNifty- Today closed in the. Still not buy condition till it crosses half of previous week red candle. Forming inside candle in monthly chart. So next if 39500 breaks more sell can come.
Flat opening- 40500=R, so if it forms-ve price action at this level will sell.
Gap up - Multiple resistance upside, so will see where it stops and forms-ve price action.
Gap down- In the range, if not big then it can move upside due to W pattern the but will not buy it. Look to sell till next support.
Flat opening- 40500=R, so if it forms-ve price action at this level will sell.
Gap up - Multiple resistance upside, so will see where it stops and forms-ve price action.
Gap down- In the range, if not big then it can move upside due to W pattern the but will not buy it. Look to sell till next support.
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