TradingEdge_Academy

BANKNIFTY - CURRENT LEVELS

NSE:BANKNIFTY   NIFTY BANK
#BANKNIFTY

CURRENT SUPPORT - 100SMA / 22275
BELOW 22275
NEXT SUPPORT - 200SMA / 22010 FOLLOWED BY 21775 / 21400

CURRENT RESISTANCE - 22470
ABOVE 22470
NEXT RESISTANCE - 50 SMA / 22746 / 22978/23080

INDICATORS:
RSI - BEARISH
BSM - SELL ZONE
TT2 TREND - BEARISH

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

Comment: SELL TARGET 1 DONE !!
Comment: SELL TARGET 2 DONE!!

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Garey
Whatsapp - +91 9999 504 500