𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬 Again banknifty is at a impo | Just Here Nifty Banknifty
𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬
Again banknifty is at a important make or break trend deciding level. After 35800 level breakout, we can consider this fall as a Re-test of that breakout. If mkt bounces from here, we can see good rally in next few days. But if continue to fall then it will be a breakout failure and can results a good fall as buyers will be trapped.
Any action in Hdfc bank due to results will directly affect banknifty, so need to watch it tomorrow. Rest Vix continue to fall and on friday closed below 12.
Can look for buying if we cross 35850 level.
Can look for selling if breaking 35600. As per global mkt, it may open gap down tomorrow. If opened too big Gap down, then see how first 5 or 15mins candle is forming, then trade accordingly. Don't short directly...
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