📊BANKNIFTY IDEA - 28-12-2022

Dec 27, 2022

BANKNIFTY
Banknifty key levels are marked on chart.

Intraday resistance - 43000 if breaks then bullish move is expected.
If it doesn't break and if drift below 42850 then a fall towards the major Support 42000 Is expected.

The price has reversed instantly with high momentum from major trendline support.



Use position sizing according to your stoploss level.

Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.

Thankyou.

Dec 28, 2022

Note

Clear rejection from the 43000 resistance zone and fall