Wealthcam

BANKNIFTY heading towards very strong support

NSE:BANKNIFTY   Nifty Bank Index
We still saw sideways to volatile market today as neither of the levels had been breached but it is coming near to a very strong support which previously acted as a resistance which is 37500 which is also a psychological level wherein we can make a new buying position with small stop loss for a minimum of 300-400 points from that level!

Wait for the either levels to break of take support before taking any positions

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.