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SharemarketRaja
Sep 23, 2020 4:22 PM

BANKNIFTY Long

Nifty Bank IndexNSE

Description

for levels refer chart
1H & 15M both NFITY & BANKNIFTY formed bullish divergence

Trade active

Comment

Buyed at 20800 SL 21650 waiting to hit SL let see market is beaish money withdrawal are moderate lets wait and see in after 1/2 expecting big move

Trade closed: stop reached

Comments
contentApricot10982
will banknifty cross 21500 tomarow ?
SharemarketRaja
@contentApricot10982, That no one can tell based on levels need to observe the live market price action how it is behaving based on probability need to take a position

For Example, see my yesterday post 21500 Resistance 21000-20900 given as support as per option chain & price action analysis

for BNF min 150 pts is SL

in the live market exactly at mentioned levels can take positions - Sell near 21450-21500 SL 21650, Buy 21900 SL 21750

if the market open gap up > 21500 or sustain in the opening session it may touch 21800/900
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