Nifty Bank Index
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BANK NIFTY 17/01/23

176
Here are the levels for the bank nifty to trade for tomorrow intraday. On daily TF price is facing resistance by 20EMA . we can go short if the price break the day low and retest this is will be a good shorting trade. for long trades we need do to scalping trades. if you find any trade on the breakout of 0.3 level we can go long with nice risk reward or else leave the trade.
we can also go long at 41729 level if any reversal pattern formed but this will low probability trade so trade with half quantity.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.

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