Nifty Bank is in consolidation mode in the range of 44400-43675, now it is trading in mid range of consolidation zone. Breakout of either side (44169-43960) will give some momentum for traders. So between this range from my point of view, it is no trading zone as we will not get exact direction in between. So wait and watch for breakout either side before taking any trade.
All Important Levels i already have marked on chart:-
Resistance Zone:-44169
Support Zone:- 43960
Upside Target:-44258/44336/44441
Downside Target:-43844/43787/43707
Stop loss for both side:-44066
Disclaimer:-Always consult with your financial advisor before initiating any trade And Always trade with stop loss to save capital erosion from unexpected direction trades.
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