BankNifty is in Bullish Zone
Bank Nifty was recover itself into its channel and still trading in bullish channel near bottom of the channel.
Resistance Level is also nearby so wait for the price come to near support level for good risk to reward.
Learning: If any instrument is in bullish trend then all support act as strong support and resistance levels breaks.
Note: Its just an analysis, wait for the price to confirm.
Disclaimer: Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
Resistance Level is also nearby so wait for the price come to near support level for good risk to reward.
Learning: If any instrument is in bullish trend then all support act as strong support and resistance levels breaks.
Note: Its just an analysis, wait for the price to confirm.
Disclaimer: Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
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