BANK NIFTY 31JAN LEVELS
BN Trade Levels for 31Jan
1. FII still on selling spree. FII funda is that Indian market is pricey as compared to other Asian stocks. FII -5045
2. On hourly chart BN still looking bullish taking support on marked trendline
3. Buy above 37750 upside target 38000 and 38500 in coming days
4. Short below 35550
Disclaimer- do not trade with a bias. Go with Technoicaps and Price action
Trade the momentum on chart. Good not to enter immediately after a big candle. See momentum wait for pull back.
1. FII still on selling spree. FII funda is that Indian market is pricey as compared to other Asian stocks. FII -5045
2. On hourly chart BN still looking bullish taking support on marked trendline
3. Buy above 37750 upside target 38000 and 38500 in coming days
4. Short below 35550
Disclaimer- do not trade with a bias. Go with Technoicaps and Price action
Trade the momentum on chart. Good not to enter immediately after a big candle. See momentum wait for pull back.
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