Bank Nifty - Support n Resistance on the basis of weekly charts.
Please refer to chart for important levels.
Estimating which direction, it will follow is difficult to predict.
Avoid naked derivative positions, try trading using low risk or covered strategies with a upward bias and defined loss.
If you intend to know more about such strategies, you may send me a direct message.
Consider liking this post / idea, if you find it worth. You may also follow me for periodic updates on indices and interesting stock ideas.
I also advise limited or no risk strategies using derivative tools, that are easy and stress free to trade.
Estimating which direction, it will follow is difficult to predict.
Avoid naked derivative positions, try trading using low risk or covered strategies with a upward bias and defined loss.
If you intend to know more about such strategies, you may send me a direct message.
Consider liking this post / idea, if you find it worth. You may also follow me for periodic updates on indices and interesting stock ideas.
I also advise limited or no risk strategies using derivative tools, that are easy and stress free to trade.