2 Sep Bank Nifty Support & Resistance Levels Marked
Important support & Resistance levels marked for Bank Nifty.
Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance.
Also, BN was creating Lower Highs and higher Lows, which is an indication of down trend. Watchout for Breakout/Dreakdown.
Focus on Today's Low and Pivot line. They both are very important levels for tomorrow. Any support or rejection from these levels will decide tomorrow's trend.
Trade with the trend only. Don't go against trend. Remember, "Trend is your friend, until it bends".
Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance.
Also, BN was creating Lower Highs and higher Lows, which is an indication of down trend. Watchout for Breakout/Dreakdown.
Focus on Today's Low and Pivot line. They both are very important levels for tomorrow. Any support or rejection from these levels will decide tomorrow's trend.
Trade with the trend only. Don't go against trend. Remember, "Trend is your friend, until it bends".
Trade closed: target reached