Hello Traders,
As we said yesterday BANKNIFTY was very BULLISH
Today it opened with a GAPUP and Price never came back.
The gap can act as a great SUPPORT and when its broken the GAP FILL may also occur. So watch the GAP area carefully .
IMPORTANT LEVELS ---- 36615 -- 37235 -- 37720 -- 39350
1) GO LONG if BANKNIFTY showed a BULLISH price action or above 38800.
TARGET -----> 39350
2) GO SHORT if BANKNIFTY BREAKDOWN below 37720
TARGET -----> 37235
Do comment your thoughts ...
Thank you <3
As we said yesterday BANKNIFTY was very BULLISH
Today it opened with a GAPUP and Price never came back.
The gap can act as a great SUPPORT and when its broken the GAP FILL may also occur. So watch the GAP area carefully .
IMPORTANT LEVELS ---- 36615 -- 37235 -- 37720 -- 39350
1) GO LONG if BANKNIFTY showed a BULLISH price action or above 38800.
TARGET -----> 39350
2) GO SHORT if BANKNIFTY BREAKDOWN below 37720
TARGET -----> 37235
Do comment your thoughts ...
Thank you <3