Nifty Bank Index

Bank Nifty 15 min timeframe analysis for intraday

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Bank Nifty 15 min timeframe analysis for intraday
  • Bank Nifty consolidated today near closing zone of 41100-300
  • Consolidation before breakout with LH-LH structure is good sign for clear BO.
  • Tomorrow if market open in between 41200- 41320 (and consolidated ) and give breakout then we can see good up momentum as HDFC bank already given good breakout today and Nifty also given clear breakout with good volume.
  • If market open with huge gap up gap down, wait and watch till price action structure.

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