AkmeAnalytics

BankNifty: Key Support and Resistance Level

Long
NSE:BANKNIFTY   NIFTY BANK
BankNifty is in strong uptrend and my personal view on BankNifty is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.

That's why you need to know from where BankNifty might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.

Happy Trading!

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