SriTrader5121

Bank Nifty 14-06-2024 Analysis

NSE:BANKNIFTY   Nifty Bank Index
Hello Traders, Welcome to SriTrader5121
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Overall view for the day

Buy - with the support of PDL
Sell - with the rejection of PDL
Major Support - Around 495##
Major Resistance - Around 525##
See the price action at our zones, take the trade according to your Risk - Reward.
Happy Learning and Trading – SriTrader5121
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Rules to follow...
1) Wait for confirmation.
2) See the price action at our zones.
3) Trade with Strict Stop Loss.
4) Trade with Small Quantity.
5) Take entries based on Support & Resistance Zones.
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Please take the trade according to the zones marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries based on your own analysis and risk.
This is for education purposes and a helping hand to learn trading in the live market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels / Zones. So one can book profit / loss based on your risk-reward or considering price action at the respective zone and how it works near that zone.
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