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Banknifty Forecast for 2nd Dec'2024
Nifty Bank Index
Short
Banknifty Forecast for 2nd Dec'2024
By arjTradingofficial
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Updated
Dec 2
4
Dec 1
The trend is bearish and may follow one of these scenarios:
1. Likely to grab all buy-side liquidity before continuing bearish.
2. Likely to grab available retail liquidity before continuing bearish.
3. Likely to drop aggressively bearish, then reverse bullish to grab buy-side liquidity.
Dec 1
Trade active
my preference mostly would be scenario 2, but i will ensure valid and strong confirmations before entering into any position
Dec 2
Trade closed: target reached
market decided scenario 3
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