BankNifty Support&Resistance levels for 12th April Friday
Diupdate
Banknifty support and and resistance levels.
Support:- 48800,48650,48500,48300
Resistance:-49050,49150,49350,49500
Trend is still bullish on macro and micro timeframes but market is overbought here, a retrace to support
areas expecting and then resumes uptrend if any of the supports held.
Note:-Mentioned Support and Resistance levels can act as reversal points also.
Support:- 48800,48650,48500,48300
Resistance:-49050,49150,49350,49500
Trend is still bullish on macro and micro timeframes but market is overbought here, a retrace to support
areas expecting and then resumes uptrend if any of the supports held.
Note:-Mentioned Support and Resistance levels can act as reversal points also.
Catatan
1 hr Timeframe trendline support for reference.Catatan
Testing the tredline resistance watch out rejection or breakout hereCatatan
Catatan
trendline reject fell to next support area of 48600Catatan
Catatan
48800 below targt one acheived 48650 going for second target 48500 area.Catatan
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