BANKNIFTY Diwali Muhurat trading day for one hour trading and low volume with narrow range expected.
Index has resistance near 58400 – 58500 range and if index crosses and sustains above this level then may reach near 58900– 59000 range.
Banknifty has immediate support near 57600 - 57500 range and if this support is broken then index may tank near 57100 - 57000 range.
Trade closed: target reached
Traded in range with high near 58155, low near 57890 and closed near 58005.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.