Nifty Bank IndexОбновлено

BANKNIFTY--Consolidation or Bullish??

If price consolidation happens below 43560 to 43400 levels chance of breakdown happens below 43400 levels...On topside we have a bearish gap left at 44200 levels...keep in long side as long as price is above the 43600 levels....
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Exactly opens below the smaller trendline...no sign of bearishness wait for the price to break and retest 43600 levels...
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otherwise it will breaks to topside...
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no long side view....
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If consolidation happens above 43640 zone then only long....
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Keep book your shorts....price may change its direction...
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no long side view immediately....

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