Banknifty trade setup for 28-07-2023

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BankNifty important intraday levels to watch for 28-07-2023


#Support: 45320
Short if candle closes below 45320.

#resistance: 45550
Long if candle closes above 45550.


#Targets on downside after break of support.
Target 1= 45120
Target 2= 44750-44720

#Targets on upside after break of resistance.
Target 1= 45790
Target 2= 46040
Target 3= 46380

Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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Immediate price structure and possible scenario.
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