Nifty bank 15 minute a candle:
1. Nifty bank took a halt just below 40000 by opening big GAP-UP. If it has to cross 40000 (a psychological resistance) then it has to push some more or open GAP-UP.
2. Nifty bank will be bearish below 39600 to meet first target as 39350 then 39200 as second target and then third target will be 39000 levels.
3. Novice trader should be cautious while trading at higher levels; you will get shorter target or profit. Do scalping trade to get quick but small profit with small quantity.
4. Avoid trading GAP-UP or GAP-down, because these will act to trap newbie traders and weaker hands to be thrown out of the market.
