BANKNIFTY Index has resistance near 59750 – 59850 range and if index crosses and sustains above this level then may reach near 60250 – 60350 range.
Banknifty has immediate support near 58950 - 58850 range and if this support is broken then index may tank near 58450 - 58350 range.
Trade closed: target reached
Gap down opening with high near 59230 and further tank to low near 58825 with close near 58870.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.