Bank nifty trade plan for 22/05/2023
As discussed in last post, BN trading below ATH, therefore it will consolidate below resistance if it has to give breakout
Considering the Friday price action, price opens gap up comes down and close back to near or above opening price, it looks like price have no intention to fall and have follow up
Trade plan can be near to support and resistance only
Considering the Friday price action, price opens gap up comes down and close back to near or above opening price, it looks like price have no intention to fall and have follow up
Trade plan can be near to support and resistance only
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