Banknifty trade plan for 17-05-2023
- Banknifty trading below ATH resistance, since the trend is bullish, buy on dips is recommended
- However if price open gap down, then wait for price to take support from any zone marked on the chart
-Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
- However if price open gap down, then wait for price to take support from any zone marked on the chart
-Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
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