BANKNIFTY Index has resistance near 56500 – 56600 range and if index crosses and sustains above this level then may reach near 56900– 57000 range.
Banknifty has immediate support near 55600 - 55500 range and if this support is broken then index may tank near 55100 - 55000 range.
Trade closed: target reached
Gap down opening with low near 55845 and made high near 56295 with close near 56220.
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.