BANK NIFTY ANALYSIS 19TH JULY 2021
Since VIX is too low, it will not make a difference if Bank Nifty will even breach 36000 tomorrow in pre opening.
Best to avoid trading for tomorrow as the markets are not going to give out any profits as it looks...
One lot Bullish trade can be initiated if takes a support at Fib level 0.382.
If shows positive signs first 30 mins, targets can be taken upto 36380, if its a very bullish day even 37000 can be tested for the first time.
Hopefully it does not break the 0.5 Fib Level tomorrow.
Please check out below for other links.
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Regards
Best to avoid trading for tomorrow as the markets are not going to give out any profits as it looks...
One lot Bullish trade can be initiated if takes a support at Fib level 0.382.
If shows positive signs first 30 mins, targets can be taken upto 36380, if its a very bullish day even 37000 can be tested for the first time.
Hopefully it does not break the 0.5 Fib Level tomorrow.
Please check out below for other links.
Like, Subscribe and leave comments if you need me to do any analysis
Regards
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