Market Update: Bank Nifty trading setup for 13 July


We have seen a rangebound move by Bank Nifty on 12 July that was market opened with a gap up at 35285 and that we have seen a consolidated movement of not more than 100 points but suddenly there was a big fall at 1 PM it took Bank Nifty to somewhere around 35000 and closed at 35192. So for trading on 13 July we have a wait for a price sustain and a candle closing above 35202 than only we can see a good buying opportunity and otherwise we can see a shorting position if the market goes below 35100.

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