TL Broken on 1hr Time Frame - BN moving towards 29580-600 leves?

Penjualan

Nifty Bank Index (NSE:BANKNIFTY)

NSE:BANKNIFTY Nifty Bank Index

BN Seems to have peaked and we should see a small downward move tomorrow towards 28580-600 levels. Ideal situation would be BN opening flat or 50-80 points up and once its done with re-testing of today's breakdown on TL, we can short it once we see a negative candle of 5 mins for targets of 28580-600 levels. There has been good PUT unwinding at 29k levels today hinting that a fall is coming. Since tomorrow is expiry we can expect a sideways to bearish day, action should happen in 2nd half of day. Not Interested to buy BN at these levels.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.