Banknifty Trade Setup for 07-07-2023
Updated
BankNifty Important intraday levels to watch for 07-07-2023
#Support: 45250.
Short if candle closes below 45250
#resistance: 45420.
Long if candle closes above 45420
#Targets on downside after break of support.
Target 1= 45000
Target 2= 44720
#Targets on upside after break of resistance.
Target 1= 45648
Target 2= 45750
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#Support: 45250.
Short if candle closes below 45250
#resistance: 45420.
Long if candle closes above 45420
#Targets on downside after break of support.
Target 1= 45000
Target 2= 44720
#Targets on upside after break of resistance.
Target 1= 45648
Target 2= 45750
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
As shown in the chart, Banknifty again bounced back from the demand zone.Note
Huge !! Banknifty first target reached !!
Trade closed: target reached
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