BANKNIFTY still 17th Aug Expiry
Hello Friends,
This is my first bank nifty analysis and trying to trade in bank nifty
Let's quick review on it.
As after long fall it looks like making support at level 44300.
Pattern is built up double bottom so if buy ATM CE then it can be good opportunity for today or tomorrow for 2-3 days only.
There is looks like all events are done so it does not seems to be more fall and also near to complete one correction so now it should bounce back to up trend.
so lets see what we can get results of this analysis. do you own and trade on your own risk.
thank you.
This is my first bank nifty analysis and trying to trade in bank nifty
Let's quick review on it.
As after long fall it looks like making support at level 44300.
Pattern is built up double bottom so if buy ATM CE then it can be good opportunity for today or tomorrow for 2-3 days only.
There is looks like all events are done so it does not seems to be more fall and also near to complete one correction so now it should bounce back to up trend.
so lets see what we can get results of this analysis. do you own and trade on your own risk.
thank you.
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