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BANKNIFTY Intraday Trade Setup For 17 Dec 2021

Nifty Bank Index (NSE:BANKNIFTY)  
Omahto  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Harmonic Patterns Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyintradaylevels bankniftyintradaysetup niftybank niftybankanalysis niftybanklevels bankniftylevels
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BANKNIFTY Intraday Trade Setup For 17 Dec 2021

Buy-Above 37200
Sl-37000
T-37400 37600

Sell-Below 36380
Sl-36480
T-36200 36060

As discussed yesterday that the best trade would be to short below yesterday's low. We also discussed that the range shift will give 350 points move either side. And it has given almost 350 points after the range broke downside.

Coming to tomorrow's trade setup, We will once again short below today's low this trade would be the simple and best trade. It can give another 300-350 points move in the downside at a go.
We will avoid aggressive buying until we get closing above 37000 in daily TF.

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NIFTY Intraday Trade Setup For 17 Dec 2021
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