BANKNIFTY Intraday Trade Setup For 10 Jun 2022
Buy- Above 35150
Sl-35000
T-35300 35400
Sell-Below 34765
Sl-34850
T- 34660 34500
BANKNIFTY has closed in a positive note toady. It opened and triggered our sell level 34830, hit our 1st target 34700. Then 10 O'clock range broke upside above 34830 and gave a good short covering move till 35149.
Coming to tomorrow's trade setup, if index opens flat and crosses 35150 we will long for the target of 35300. 35300 can act as resistance.
For selling we need to wait till 34765 is broken in downside. Targets will be opened till 34500.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Support- 34950
Intraday Resistance- 35300,35500
Hourly Support- 34500
Hourly Resistance- 35500
Buy- Above 35150
Sl-35000
T-35300 35400
Sell-Below 34765
Sl-34850
T- 34660 34500
BANKNIFTY has closed in a positive note toady. It opened and triggered our sell level 34830, hit our 1st target 34700. Then 10 O'clock range broke upside above 34830 and gave a good short covering move till 35149.
Coming to tomorrow's trade setup, if index opens flat and crosses 35150 we will long for the target of 35300. 35300 can act as resistance.
For selling we need to wait till 34765 is broken in downside. Targets will be opened till 34500.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Support- 34950
Intraday Resistance- 35300,35500
Hourly Support- 34500
Hourly Resistance- 35500
