BANKNIFTY LEVELS 16/03/2023
BANKNIFTY ANALYSIS WITH LOGIC :
1. If there is flat opening or gap up price should retest 39600 level if it retraces from that level we can short upto 39165 level.
2. If 39600 level breakes with strong bullish candle. we can take long positions upto 39990 level.
3. If the trend continues to downfall from 39165 level we can set second target upto 38712 level.
Have a safe and profitable day :)
1. If there is flat opening or gap up price should retest 39600 level if it retraces from that level we can short upto 39165 level.
2. If 39600 level breakes with strong bullish candle. we can take long positions upto 39990 level.
3. If the trend continues to downfall from 39165 level we can set second target upto 38712 level.
Have a safe and profitable day :)
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