BANKNIFTY:Spot: 23584.60 Closed Below GANN FAN "2X1" line Will be Strong RESISTANCE Line. Below ICHIMOKU Cloud.
Must WATCH, Made a LOW at 23533.20, Near CRUCIAL LEVEL 23546 Mentioned in "Fate of BANKNIFTY View (WEEKLY Basis)"
Intraday Hurdles & Bounces for 12th JULY 2017. Levels & GANN Lines plotted on Chart.
Trading Range: 143 -199 Point, Extended to 223 Point. BZ #1: 23472 - 23447, Looks Crucial as REVERSAL Zone. For DIP Fall 23241 is CRUCIAL.
USE LEVELS AS REFERENCE.
For FnO Traders: BANKNIFTY Future Levels. LTP: 23603.2, set. Price: 23617.35 Go LONG / Short as per Level given Below. Some more LONG / SHORT Entry will be Updated within Market Hours. . NORMAL: PHASE - I - RES: 23637 (Minor RES.), 23658 (Strong), 23691 - 23716 (HZ #1), 23780, PHASE - I - SUP: 23569 (Minor RES.), 23548 (Strong), 23515 - 23490 (BZ #1), 23426, OPTIMAL: PHASE - II - RES: 23815 (Minor RES.), 23835 (Strong), 23869 - 23894 (HZ #2),23959 PHASE - II - SUP: 23392 (Minor RES.), 23372 (Strong), 23339 - 23314 (BZ #2),23250
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Snapshot: BANKNIFTY Summery of Trade date: 11th July 2017
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Taken Support Near Mentioned CRUCIAL Level 23546
Trade closed: target reached
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Today's Summery: #1. HOW "mentioned 23526 Level" was tested. Made a LOW at 23523.65 Made a High At 23736.65, MENTIONED "STRONG 23737" Closed at 23719.35 on GANN Arch 4 X 1 DAY Trading Range: 212.90. Mentioned " 143 -199 Point, Extended to 223 Point".
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BANKNIFTY: HURDLEs & BOUNCEs for 13th JULY 2017 (Spot + FUTURE), will be Published Shortly.