BANKNIFTY CPR, Support, Resistance plots for 30th August

BANKNIFTY levels including CPR for tomorrow.


Please enter your trades only when price breaks out from CPR on 3m chart.

If gap down tomorrow, use support lines.

If gap up tomorrow, use resistance lines.

Comment:

Gap down because of global cues. Still support bounce can be seen from S2.

Trade closed manually:

Broke S2 and slides down further, candle at 14 : 30 was confirmation for further breakdown. #LearningDone. Levels respected and broke on support levels.