Banknifty important levels to watch are as follows
#Support: 44138
Sell below: 44138 only on 15 minute candle closure below the level. scalpers may short below 44200 only for scalping.
Target 1: 44000
Target 2: 43880
Target 3: 43780
#Resistance: 44356
Buy Above: 44356 only on 15 minute candle closure Above the level.
Target 1: 44490
Target 2: 44670
#Demand Zone: 43950-44000 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 44300-44350 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#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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#Support: 44138
Sell below: 44138 only on 15 minute candle closure below the level. scalpers may short below 44200 only for scalping.
Target 1: 44000
Target 2: 43880
Target 3: 43780
#Resistance: 44356
Buy Above: 44356 only on 15 minute candle closure Above the level.
Target 1: 44490
Target 2: 44670
#Demand Zone: 43950-44000 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 44300-44350 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#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.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
Komentar:
markets are more likely to stay within range till second half.
Komentar:
Target 1 achieved successfully after break of resistance.
Approaching Target 2
Target 1 achieved successfully after break of resistance.
Approaching Target 2
