Bank Nifty is consolidating & getting ready for next action

Nifty Bank Index (NSE:BANKNIFTY)

NSE:BANKNIFTY Nifty Bank Index

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Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.

Is Bank Nifty consolidating in narrow range & getting ready for breakout or breakdown ?????

Bank Nifty has taken multiple support at VWAP after breakout. Why VWAP indicator is so import? Is it indicating strength?????

What do you think? Please share your views.

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