Nifty Bank IndexLong
Banknifty price action & SMC analysis
📌The market today was highly volatile. But as we discussed yesterday in trade 3, if price
breaks S1 we can bet for 📉 & exact the same happened.
📌 Yesterday the price broke the Trendline resistance and today price Re-tested it. Its not
recommnded to trade in highly volatile market like these as even market is making confused
moves of 200points 📈 and 200points📉
📌 The price gave a breakout yesterday, and took a retest today, most probably it can move
higher till the orderblock where next selling can occur
breaks S1 we can bet for 📉 & exact the same happened.
📌 Yesterday the price broke the Trendline resistance and today price Re-tested it. Its not
recommnded to trade in highly volatile market like these as even market is making confused
moves of 200points 📈 and 200points📉
📌 The price gave a breakout yesterday, and took a retest today, most probably it can move
higher till the orderblock where next selling can occur
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