BankNifty Swing Trend Following

#BankNifty swing trend is down. The intraday trend seems to have reversed though.

32100 is the make or break level for this swing trend!

#BankNifty swing trend goes long
#TrueTrend #PriceAction #Truestox

EOD update: BankNifty Future broke the 31680 levels in the morning indicating a swing down trend - but quickly reversed during the day and ended on a high note 150 points above the Trend Reversal level of 32100.

What are you doing :grin:

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Whole world can see charts ,pls stop spamming!

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Thanks for the feedback guys!

Quiet day today :slight_smile: Swing Trend remained long…

Shocker of a gap down today! However, 32,800 proved to be a support zone and price stabilized above it in the second half. Apparently 33,000 is still a speed breaker for further up move. Lets see what’s in store tomorrow.

PS: Truncated expiry this week :slight_smile: Be watchful for any surprise moves.

Bears were full steam in May series of #BankNiftyFutures today! Been on the decline since 33,250 levels…A good 1000 points down this week…

32,400 acted as a support in the first half but was broken with a bang in the afternoon… Market tried to breach it at least thrice in the second half but failed miserably…

Closing at day’s low - the downward momentum looks far from over! Unless the weekend has some positive cues and the price stabilizes above 32,400 levels next week - the future looks bleak…