Nifty Bank Index

Bank Nifty created pattern will it work or not?

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  1. As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish.
  2. Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty
  3. May be a gap opening for tomorrow also expecting a trend day or more tight range day. Trade on retest only avoid flase breakouts

Resistance : 45600, 45800-900
Support : 45400, 45139





Note : Do your own analysis before making any trading decisions.

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