Nifty Bank Index
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bank nifty analysis

The range of 43050 and 42830 is a very important zones for tomorrow and if you are a breakout trader a consolidation is always your best friend.
So focus on trading break outs after a consolidation instead of just taking entry at the crossing of the support or resistance.
so if the market is opening and consolidation in the range in the first half it's a indicator that there is still strength left in the market for the movement in the second half and its increases the probability of success of the trade as the market was also trending today and the first half of tomorrow is also trending tomorrow there is lesser chance for high movement in the second half .
so the plan is simple for tomorrow that if the trading in the range of the first half and then cross either side we can take trade and expect a trending market for the second half.
Analysis is just for educational purpose, trade at your own risk.

Feragatname