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Banknifty Live Intraday updates for 3-11-2023 !

NSE:BANKNIFTY   Nifty Bank Index
BankNifty important levels to watch are as follows

#Support: 43210

Sell below: 43210 only on 15 minute candle closure below the level.
Target 1: 43000
Target 2: 42860



#Resistance: 43350

Buy Above: 43350 only on 15 minute candle closure Above the level.
Target 1: 43450
Target 2: 43600-43615




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comment:
Banknifty Broken out from the resistance however, facing an hurdle at the supply zone, its necessary to break the supply zone for further upside, So, use SL if anyone has entered in a long trade.
Comment:

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