Bank nifty trading plan for Friday.
There is strong trendline resistance up front and that too will collapse with opening. BNF can continue to make LH-LL.
Trade plan on gap up: possibility of small pullback before continuing journey towards 36000. Go long after the retest of trendline.
Gap down: this will be a continuation of LH-LL pattern and can be a big fall.
Neutral opening: go long above trendline or go short below 35100.
Trade plan on gap up: possibility of small pullback before continuing journey towards 36000. Go long after the retest of trendline.
Gap down: this will be a continuation of LH-LL pattern and can be a big fall.
Neutral opening: go long above trendline or go short below 35100.
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