Nifty Bank Index

Golden Pivot zone Formation.

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If price opens above/near CPR on Monday we can go long from GPZ to H3 and VAH
if Price opens above VAH/Near VAH and shows bearish Price Action, then in that case we will go short till GPZ/CPR and Long on CPR-GPZ as Bulls will definitely defend this zone if price comes to this level then going long should be considered.

NOTE- This is an analysis and does not mean a buy-sell advise to anyone in any manner, please consult your financial advisor before investing. (I am not SEBI Registered Advisor)

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