Bank Nifty Intraday Trade Setup for 10th July 2020

Good Morning friends,

We had seen lot of up and down move in the index. The index is trading on the dynamic resistance which has taken from an uptrend channel. The index will test 24,000 if the current resistance breakout. Stop Trading against the trend. The index is still bullish and there is lot of chances to test 24,000 Level.

Trade setup
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Buy: 23100 Stop loss: 22900 Target:23270/23400/23600
Sell:22700 Stop loss: 22900 Target:22520/22370/22100

Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.

Good Luck and Happy Trading
Virendra Pandey