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Banknifty Trade Setup for 04-07-2023
Nifty Bank Index
Banknifty Trade Setup for 04-07-2023
By InvestyourAsset
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Updated
Jul 4, 2023
2
Jul 3, 2023
Banknifty Important intraday levels to watch;
#Current price
: 45176
#Support
: 45090-95
Short if candle closes below 45090.
#resistance:
45250
Long if candle closes above 45250.
#Targets on downside after break of support.
Target 1= 44880
Target 2= 44720
Target 3= 44500
#Targets on upside after break of resistance.
Target 1= 45350
Target 2 = 45500-45520
Target 3 = 45650
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Jul 4, 2023
Note
broken out from the resistance and achieved first target !!
Jul 4, 2023
Note
high made 45437 till now, keep trailing SL !
Jul 4, 2023
Note
banknifty all targets achieved
Jul 4, 2023
Trade closed: target reached
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