Current View on Bank Nifty

As per the chart above we can see that bank nifty is facing resistance and is also nearing its trend line support.

A Breakout is awaited on either side to take a position.

One should wait for it.
For educational purpose only.

İşlem aktif:

As per the trade initiation levels marked in the pic,
Bank Nifty gave upside break out
From the levels of 29,905......bank nifty is now trading at 30,275.