Banknifty TradeSetup for 18-09-2023
Updated
Banknifty important levels to watch are as follows
#Support: 46140
Sell below: 46140 only on 15 minute candle closure below the level.
Target 1: 46020-46000
Target 2: 46850
#Resistance: 46315
Buy Above: 46315 only on 15 minute candle closure Above the level.
Target 1: 46420
Target 2: 46600
#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: 46140
Sell below: 46140 only on 15 minute candle closure below the level.
Target 1: 46020-46000
Target 2: 46850
#Resistance: 46315
Buy Above: 46315 only on 15 minute candle closure Above the level.
Target 1: 46420
Target 2: 46600
#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.
Note
gap Down below the support, wait for it to make some price action
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