I have a Bearish view. It came back inside it's channel, Levels you can spot on chart. But it is near swap zone. If it crosses 29850 let it make price action It's gonna come down.
And if it crosses 29450 level you can short BN. Wait for first 15mins candle close. Stoch RSI looks negative too. ✌️
Bank Nifty couldn't engulf below trendline (Just fake out). Tomorrow if it breaks the channel in first 15mins and crosses 28950, You can short BN. (Support levels at 28700 & 28600).
Watch out it can just break and can take support at 200EMA too. For long position, Let it cross 29300. (Resistance levels at 29450 & 29650). Market can be volatile, Be careful with...
I have bullish view tomorrow, Psychologically institutions wants to push the price 30,000+ before this Fut expire. So for tomorrow let 5mins candle close above 29800, and you can plan for Long position. If not and opens flat or gap down crosses 29650, Then the support is placed at 29400 & 29200. Watch out for rejections at resistance on 5mins & 15mins chart. ✌️