msonalkar

BN strong supply base

NSE:BANKNIFTY   Nifty Bank Index
On this weekly expiry session Bank Nifty has clearly demonstrated the breadth of the supply zone at lower levels. This supply zone is protected fiercely on all gap downs. This indicated that the probability of a downward break in this expiry is of very less probability. If any good global news comes in then expect crazy upmove.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.