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Bank Nifty - Friday 10 Dec'21 - Trend & Levels

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NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty Trade Plan for 10 - Dec 2021 - Friday

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Market Sentiment has changed to BEARISH, if the Channel breaks down more fall would come.

Tomorrow we can expect small Gap down / Sideways open and Trending day its going to be.

BN - 36123 CPR level will act as Strong Resistance & 36900 Previous Day Low will act as Support for tomorrow.

Indicator Description of the lines are given below in Order:

Aqua ---------------------Camarilla - H4 Bullish Breakout
Green ------------------- R1
Aqua -------------------- Camarilla - H3 Sell Zone
Yellow / Orange ------------------ TC / BC
Red / Green (Middle) - Pivot Point
Blue --------------------- Camarilla - L3 Buy Zone
Orange / Yellow ------------------ BC / TC
Blue --------------------- Camarilla - L4 Bearish Breakout
Red ---------------------- S1


Happy Trading!!! :-)

Disclaimer : The idea is purely for Knowledge sharing purpose. Do your own analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.

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