As per the chart above we can see that bank nifty is facing resistance and is also nearing its trend line support.
A Breakout is awaited on either side to take a position.
One should wait for it. For educational purpose only.
Trade ativo
As per the trade initiation levels marked in the pic, Bank Nifty gave upside break out From the levels of 29,905......bank nifty is now trading at 30,275.
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