Weekly Plan for NIFTY & BANKNIFTY
We had a consolidation week in NIFTY & BANKNIFTY without a confirmed move on either side. The fact that we have held on the upside range of the Budget day candle, The bias will remain positive until proven other wise.
This week we have created a quick video to understand the context and also how VIX is going to be important to watch out for.
We are looking for a break outside the range for a trade on either side.
Scalpers can look for pullback within the range for a low risk entry.