If bank nifty opens flat and consolidate in the range of 43380-43270 than upside breakout can give us a targets of 43480/43555/43670.
If we see a gap down in market than we need to notice the price action forming around the 43120-43150 as its important in the respect of buyers and also can see a trend line support on 15 min chart TF. Here we need to notice a price action if formed for bullish trade.
if we big gap up of 150-200 points than wait and let the form some kind on range pattern and than trade that pattern.
Major Support- 43120/ 43000/42800
Major Resistance- 4340/43560/43870
on daily chart seen a classical doji
If we see a gap down in market than we need to notice the price action forming around the 43120-43150 as its important in the respect of buyers and also can see a trend line support on 15 min chart TF. Here we need to notice a price action if formed for bullish trade.
if we big gap up of 150-200 points than wait and let the form some kind on range pattern and than trade that pattern.
Major Support- 43120/ 43000/42800
Major Resistance- 4340/43560/43870
on daily chart seen a classical doji
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