Nifty Bank IndexShort
Banknifty - View & Intraday Levels for - 10 Jan 2023
Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat Open around 42500 and BEARISH Reversal expected from 42700 level.
We can expect consolidation between 42700 & 41900 level, any breakout of these levels we would expect good move on either side.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Expectation : BEARISH / Negative Sentiment - Flat Open around 42500 and BEARISH Reversal expected from 42700 level.
We can expect consolidation between 42700 & 41900 level, any breakout of these levels we would expect good move on either side.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
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