BANKNIFTY Index has resistance near 56900 – 57000 range and if index crosses and sustains above this level then may reach near 57400– 57500 range.
Banknifty has immediate support near 56000 - 55900 range and if this support is broken then index may tank near 55500 - 55400 range.
Trade closed: target reached
Gap up opening with low near 56490 and made high near 56925 and closed near 56800.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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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.