Banknifty trade setup for 28-07-2023
Updated
BankNifty important intraday levels to watch for 28-07-2023
#Support: 45320
Short if candle closes below 45320.
#resistance: 45550
Long if candle closes above 45550.
#Targets on downside after break of support.
Target 1= 45120
Target 2= 44750-44720
#Targets on upside after break of resistance.
Target 1= 45790
Target 2= 46040
Target 3= 46380
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 45320
Short if candle closes below 45320.
#resistance: 45550
Long if candle closes above 45550.
#Targets on downside after break of support.
Target 1= 45120
Target 2= 44750-44720
#Targets on upside after break of resistance.
Target 1= 45790
Target 2= 46040
Target 3= 46380
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
Immediate price structure and possible scenario.
Note
just the way it was planned.
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