BankNifty Trade Setup for 25-09-2023

BankNifty important levels to watch are as follows

#Support: 44550

Sell below: 44550 only on 15 minute candle closure below the level.
Target 1: 44400
Target 2: 44200


#Resistance: 44675

Buy Above: 44675 only on 15 minute candle closure Above the level.
Target 1: 44800
Target 2: 44950



#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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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

Comment:

Flat opening, Follow the levels and never forget to use SL in order to protect your capital.

Comment:

Comment:

breakdown from trendline support as per 1 min chart.

Comment:

Target 1 Achieved !!

Comment:

what a blast after breakout from trendline resistance as per 1 min chart,

Target 1 on the upside achieved successfully.

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Comment:

As you can see the chart, price respected each level as per our analysis. Give it a like to boost our motivation. Queries will be answered in comment section.

Trade closed: target reached