Bank Nifty Trading Strategy for 5th March '2020.:- Check my plan for 4th Mar, you can't be more accurate than this:-
The first sign of reversal above 29625, the trend will change to positive above 30,208.
Last line of supports was:- Support:- 28,872 / 27,989. NEXT level is 27,989 then flood gate open you might see 27,568 & 26,728.
You remember the corporate rate cute happened on 20th Sep,19 (L- 26,728 & H- 29,419), that flood gate has open and it’s a vacuum which can suck BN to 27K levels.