Hello Everyone,
Let's have a look at Bank Nifty intraday chart and you can notice on the intraday charts bank nifty is making higher lows supported by 200 period moving average, still 36800-36830 is a hurdle zone but we can expect the rally in Bank Nifty looking at the chart structure. So one can go long in Bank Nifty with Sl at 36591 for a expected levels of 36800-37000.
Only for Educational Purpose.
Right now Bank Nifty is trading arround 36700 levels (cash).
Let's have a look at Bank Nifty intraday chart and you can notice on the intraday charts bank nifty is making higher lows supported by 200 period moving average, still 36800-36830 is a hurdle zone but we can expect the rally in Bank Nifty looking at the chart structure. So one can go long in Bank Nifty with Sl at 36591 for a expected levels of 36800-37000.
Only for Educational Purpose.
Right now Bank Nifty is trading arround 36700 levels (cash).