BankNifty opened with a minor gap-up, broke, and sustained above 35120 which was our buying level but after making high around 35185 we saw the rejection from upper range and it broke the 34870 which was our selling level and came towards our first target.
As mentioned yesterday BN is showing weakness and Sell on rise would be the approach for tomorrow.
Expectations for Tomorrow: Weakness in the morning and then range-bound.
Intraday Levels:
Buy Above 34920
Sell Below 34700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
As mentioned yesterday BN is showing weakness and Sell on rise would be the approach for tomorrow.
Expectations for Tomorrow: Weakness in the morning and then range-bound.
Intraday Levels:
Buy Above 34920
Sell Below 34700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
