BANKNIFTY ANALYSIS for 13th DECEMBER

12 Ara 2022

*On 12 DECEMBER, expected a good fall from supply zone, but buyers remained strong.
*Unless market doesn't trade and sustain above supply zone, consider it's weak.
*Make changes to your trading plan if opened BIG GAPUP/GAPDOWN.


NOTE:
This Idea is according to my understanding of market especially BankNifty.
And do your own analysis, take positions according to your Risk Appetite.

HAPPY TRADING....

13 Ara 2022

Not

Market have to prove that our analysis is wrong, until then stick to the Plan

13 Ara 2022

Not

Market is creating resistance, inviting sellers and removing them, as there is no resistance upside, there is no reason to sell.