Techview on Bank Nifty For 3rd may 2021
Bank nifty looks weak On chart and having resistance around 34000 which is very crucial resistance for bank nifty bank nifty rejecting this level 34000.
Option chain data Also showing sign of short Buildup on bank nifty and the next support on bank nifty is around 32174 breakdown of this level will drag the bank nifty down till 30500.
on monday if banknifty open Gap down which is very much expected any recovery will be the opportunity to go short on bank nifty.
Disclaimer: do your own Research before investing trade on your own risk.
Option chain data Also showing sign of short Buildup on bank nifty and the next support on bank nifty is around 32174 breakdown of this level will drag the bank nifty down till 30500.
on monday if banknifty open Gap down which is very much expected any recovery will be the opportunity to go short on bank nifty.
Disclaimer: do your own Research before investing trade on your own risk.
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