bank nifty 10-12-2021
as we can see in the chart bank nifty work in two channels
1st one down trend channel
2nd one up trend channel
now what to do
as per daily chart price action bank nifty still in down trend
so we simple take opportunities for sell
where to sell
possible level to sell cmp 37203
1st near 37400 for tgt of 36891 with sl 37600
2nd near 36860 for tgt of 36200 with sl 37000
now
where to buy
1st near 36200 for tgt of 37000 with sl 35800
2ns near 36900 for tgt of 37800 with sl 36860
1st let the market to come near our levels then we decide what trade we take
1st one down trend channel
2nd one up trend channel
now what to do
as per daily chart price action bank nifty still in down trend
so we simple take opportunities for sell
where to sell
possible level to sell cmp 37203
1st near 37400 for tgt of 36891 with sl 37600
2nd near 36860 for tgt of 36200 with sl 37000
now
where to buy
1st near 36200 for tgt of 37000 with sl 35800
2ns near 36900 for tgt of 37800 with sl 36860
1st let the market to come near our levels then we decide what trade we take
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