Hello guys here I am sharing the support and resistance levels for Bank nifty for the Budget day tomorrow support and resistance are mentioned on the 30 minute time frame chart simple trading idea is break and close above of resistance so we can go for buy and if break and close below support we can go for a sell because on 30 minute time frame chart price is consolidating in a parallel channel se we can expect a sharp move after a range breakout.
STOP LOSS- Stop loss must be close above or below from resistance or support of the opposite direction of your trade on the same 30 minute time frame chart.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
Trade closed: target reached
BOTH BUY SELL TARGET ACHIVED, SELL TARGET TWO OF 730 POINT FROM IDENTIFIED SPOT MISSESD BY ONLY 59 POINTS OF 39431 MADE LOW OF 39490 TODAY BUT IT WAS WELLDONE TRADES 😇✌🏽
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