Bank Nifty Intraday & Expiry day Trade setup for 07th May 2020

Good Morning Everyone,

Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see

Technical View
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Bank Nifty Major Resistance is on 20250-20300 and support is on 19000-19100.

Trade Setup
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A - Long Position is risky and can build only and only on resistance breakout which is above on 20300..
B: Short position is lower then 19000


Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.

Good Luck and Happy Trading
Virendra Pandey