BANKNIFTY Index has resistance near 60150 – 60250 range and if index crosses and sustains above this level then may reach near 60650 – 60750 range.
Banknifty has immediate support near 59350 - 59250 range and if this support is broken then index may tank near 58850 - 58750 range.
The uptrend is intact and a positive close will set the uptrend momentum for the next week.
Trade closed: target reached
Traded in range with high near 59900, low near 59600 and close near 59755.
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
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.