BankNifty Support and Resistance levels for Monday 11th March

Mar 10

Banknifty support and resistance levels to trade on Monday are

Support 47700 Below Sustanis short targets of 47600,47550,47450
Resistance 48025 Above Sustains Long
targets of 48150,48250,48380,48450.

Support,Resistance,Targets above and below can act as reversal points check price action on them.

Mar 10

Note

5 Mins chart for reference

Mar 10

Note

Mar 11

Note

opening candle pierced through the support level entered short stop loss being on top or half of the first candle in 5 mins time frame

Mar 11

Note

Mar 11

Trade closed: target reached

Mar 11

Note

Below support mentioned in idea , all targes acheived