tachyontrading

Banknifty 23rd june

Short
NSE:BANKNIFTY   Nifty Bank Index
Hi Traders,
22nd june trade: We have a resistance near 21800 and banknifty made high of 21848 in the morning and from there we had a 250 points fall which we traded in fut. and made good money. Banknifty is getting tougher for options buyers and sellers as it is hitting the resistance and came back down to the support. In afternoon session it breached our resistance and hit near 22077 near our resistance of 22088 and from there it fell again.
23rd june expectations: If it breach the upper trend line we can go long with target of 22300/22800. And if it shows weakness we can go short with the target of 21550/21350.
To get live market updates you can send me private message on tradingview. Thanks
Regards,
TACHYONTRADING
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.