Nifty Bank Index
Updated

Banknifty Support&Resitance Levels for 2nd September

259
Banknifty Support and Resistance levels to play for 2nd September Monday
Immeadiate resistance is 51520 area
Immeadiate support is 51280 area

wait for confirmation on these levels for rejection or breakout then take entries accordingly.

targets including support and resistacne can be reversal points please check price action on those.
Note
Opened at resistance and rejected now at support check here for rejection to long or breaksdown to short to below targets wait for confirmation.
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Note
held on support entry long to target reesistance area
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Trade closed: target reached
target acheived
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Note
Sep 3rd levels support held Reversed trade Target 1 acheived above.

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Note
Sep 4th Support and Resistance levels
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Note
Sep 6th update on banknifty , opened gap down below support area. Short entry made
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Trade closed: target reached
Target acheived below
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