Nifty Bank IndexShort
40800 or 41800 ?
Hello All,
Hope all are doing good.
We are seeing range bound market from Muhurat trading between levels 41100 and 41500.
Market broke below this range 28th October but support has been taken at level 40800 and again came to same range.
Market has broken above this range today but resistance at level 41600 dragged to the same range again.
It’s perfect support and resistance playing for more than a week when it breaks with good volume we can see around 1000 pts on respective side.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
Hope all are doing good.
We are seeing range bound market from Muhurat trading between levels 41100 and 41500.
Market broke below this range 28th October but support has been taken at level 40800 and again came to same range.
Market has broken above this range today but resistance at level 41600 dragged to the same range again.
It’s perfect support and resistance playing for more than a week when it breaks with good volume we can see around 1000 pts on respective side.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
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