Now Bank Nifty is in Fire Mode.
Bank Nifty Support is 40500-40600 and if Opened above 40800, then 40800 will act as a Support.
Bank Nifty Resistance is above 41000-41200 (Breakable) If Bank Nifty Crossed above 41200 then it will move like a rocket till 42000.
Disclaimer : Bank Nifty will Move like a Rocket.
Trade in My Opinion.
Buy Bank Nifty near 40500 Levels for the Target of 41000-41200 Levels. If 41200 is broken then 42000 can be seen like a rocket.
Tomorrow is Budget. So Trade with strict SL and Money Management.
Good Luck.
Bank Nifty Support is 40500-40600 and if Opened above 40800, then 40800 will act as a Support.
Bank Nifty Resistance is above 41000-41200 (Breakable) If Bank Nifty Crossed above 41200 then it will move like a rocket till 42000.
Disclaimer : Bank Nifty will Move like a Rocket.
Trade in My Opinion.
Buy Bank Nifty near 40500 Levels for the Target of 41000-41200 Levels. If 41200 is broken then 42000 can be seen like a rocket.
Tomorrow is Budget. So Trade with strict SL and Money Management.
Good Luck.
