Nifty Bank Index
Long

BANK NIFTY 16/01/23

58
Here are the levels for the bank nifty to trade tomorrow. After making a tweezer bottoms pattern on daily TF we had seen a up move so we can go long the break and retest of day high before going wait for the small pullback for more probabality. if price opens gap down the if price makes any strong reversal pattern can go short near 42275 level with volume confirmation. if price open gap up wait for the pullback and can go long near the day high .
And also price is taking resistance from the 50ema on daily time frame. so trade carefully. my view is bullish. so I will look for any long trades in lower levels.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.

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