Bank Nifty View for 8th Aug
On a weekly Time frame, BankNifty has formed an indecisive Candle.
On a daily time frame, it has been created an inside candle.
On 15 min TF, 38150 levels has been tested multiple times, we can take entry when it breaks and starts trading above 38150 levels.
On the downside, if it breakdowns the trendline we can short BankNifty for target of 37450 / 37250/ 37000
On a daily time frame, it has been created an inside candle.
On 15 min TF, 38150 levels has been tested multiple times, we can take entry when it breaks and starts trading above 38150 levels.
On the downside, if it breakdowns the trendline we can short BankNifty for target of 37450 / 37250/ 37000
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