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Nifty Bank Index
Short
Jan 5, 2023
Banknifty - View & Intraday Levels for - 06 Dec 2022
5
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Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat / Small Gap down Open from Close and BEARISH Reversal from CPR 42682.
Yesterday I posted Banknifty will test 42400, Its done and dusted today.
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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