BANKNIFTY : We are on most crucial hour

It is almost on support and so far it is has filled the previous gap up. Above is a hourly chart of bank nifty current contract future. If current candle goes negative for close, it can cause a fresh fall. 

looks like market is concerned for something. 

 

NIFTY 20 MAY 2021 : I still say no trade on index. Direction is still UP.

 

I draw a key trend line on above chart. As long as it is above that tend line, it should not be weak. It is also true that unless it goes above 15140, it would do much for bulls. Today may be a day to watch. Focus on stocks where we have many opportunities. 

Nifty is lacking support below 15040, it will have no support from 15000 to 14900. 

Please improvise levels on real time. 

Happy trading