Banknifty levels to trade with Support and Resistance strategy, if bank nifty sustains below 46700 it will test 46500 to 46400 area downside.And above 46900 sustains it wil test 47050,47150,47200,47300 on higherside.
Major Support 46500,46400 area
Major Resistance 46150 -46300 area
I have done some anaylysis on Nifty Private bank also it will effect the banknifty index tagging with this idea below please check that one also.
Major Support 46500,46400 area
Major Resistance 46150 -46300 area
I have done some anaylysis on Nifty Private bank also it will effect the banknifty index tagging with this idea below please check that one also.
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Updating 5 Mins chart for reference
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Feb27th Upadate
46400 is good support don't go aggressively short here only below or breakdown of 46425 area may fall further 200 to 300 points below.
46400 is good support don't go aggressively short here only below or breakdown of 46425 area may fall further 200 to 300 points below.
Trade active:
Today's trade 27th Feb
Trade closed: target reached:
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Feb 28th Support and Resistance levels
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Trade active:
Trade closed: target reached: