bank nifty 13-12-2021
bank nifty is at confusing state
bullish signals
1). current month candle open = low
2). daily chart w pattern
3). 15 min chart flag and poll pattern
bearish signals
1). near bearish channal in daily chart (in daily chart also seen bullish flag and poll pattern so may be if breakout we again see 44000 )
2). near bearish avwap
3). near bullish channal up side
4). gaps unfilled
conclusion
1). selling zone
a) 37895-38200
b). 36930-36777
2). buying zone
a). 35800-36100
b). 36800-37930
c). 37895-38200 (only if sustain and give 2 daily closing)
actions
1). think for sell
2). let it come near our zone then we take action
2).
bullish signals
1). current month candle open = low
2). daily chart w pattern
3). 15 min chart flag and poll pattern
bearish signals
1). near bearish channal in daily chart (in daily chart also seen bullish flag and poll pattern so may be if breakout we again see 44000 )
2). near bearish avwap
3). near bullish channal up side
4). gaps unfilled
conclusion
1). selling zone
a) 37895-38200
b). 36930-36777
2). buying zone
a). 35800-36100
b). 36800-37930
c). 37895-38200 (only if sustain and give 2 daily closing)
actions
1). think for sell
2). let it come near our zone then we take action
2).
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