Bank Nifty u turn.

In my last post I did mention about the red zone acting as resistance.

Banknifty did enter the red zone and took a strong reversal loosing almost 1000 points.

Currently it is taking support on the red line.

Both the levels are important for any side movements.

Keep an eye on GDP news too.

Play safe and Happy trade :)

Note: Views only for educational purpose. Consult your financial advisor before any trade.