Bank Nifty for July 13th

2022年7月12日

As expected, when the market opened Gap down, it stayed within the defined range of 35442 and 35230 most of the day, but broke all the supports at the end of the day and came down.

Note: All the views are provided based on my own analysis, I am not responsible for the trades taken on my views. Profit is yours, loss is also yours.

1. Flat to Gap down opening: 34961 is the last support, if it opens below that, wait for the market to retest that level and go short, fall till 34556 level is possible

2. Gap up opening: Market can again consolidate between 35262 and 34961, if any of these levels are broken, take trades as per the price action

Quote of the day: Trading is simple, but not easy...

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