Nifty Bank: 15 minutes a candle
In Nifty bank upside move can be seen above 35100, you can see upside in the morning if opens flat. If opens gap-up then wait for 5 minutes for the bullish candle and then upside rally up to 35550 can be possible in half an hour or so due to short covering. If Nifty bank trade below RED trend line then you can see the downside movement. If opens gap-down then look for the price action and candlestick pattern for bearish trade or wait for the range to break either side.
Nifty 50: 15 minutes a candle
In Nifty 50, upside can be seen above 16975 and crosses with minute candle and sustain above 17000 if opens flat. If opens gap-up then wait for the price action for downside movement. If Nifty 50 trade below 16800 then downside momentum can be seen. If opens gap-down then look for the price action and candlestick pattern for bearish trade or wait for the range to break either side.
