Banknifty currently trading at NO TRADING ZONE, the levels being 34900-35150, it has been an area of confusion since last month !
Break on either side with proper candle close candle would define the next upcoming trade which could be potentially be breaking above!
Even If breaks below don’t short aggressively as MAIN TREND being bullish and every dip now is a buying opportunity
On break of 35150 with proper candle close can give rise to 35400, 35600 respectively
If any chance breaks below ! Wait for retests for confirmation of breakdown else it might result to many fake breakdowns today
MUST WATCH
Break on either side with proper candle close candle would define the next upcoming trade which could be potentially be breaking above!
Even If breaks below don’t short aggressively as MAIN TREND being bullish and every dip now is a buying opportunity
On break of 35150 with proper candle close can give rise to 35400, 35600 respectively
If any chance breaks below ! Wait for retests for confirmation of breakdown else it might result to many fake breakdowns today
MUST WATCH