Nifty Bank gained almost 1000 points yesterday. If the crucial resistance of the 50% retracement level at 52325 is broken, we can expect a good move on the upside. For Educational and Paper Trading purposes only.
Nifty Bank is at a crucial level of 50290, if it takes support at this level, there is a chance for a good bounce. If this levels gets broken, there may be a further movement on the down side. Trade in Small Quantities. Use Stop Loss. For paper trading and educational purposes only.
Nifty Bank has fallen from the parallel channel upper trendline, giving a slight breakout. If the downside movement continues, it opens up a pole-and-flag pattern target. Trade in small quantities. Trade with stop loss. Risk Management and Money Management are more important than setups. For Paper Trading and Educational Purposes only.