BANKNIFTY LEVELS 17/03/2023
Updated
BANKNIFTY ANALYSIS WITH LOGIC:
1. Considering tommorow levels if there's gap up opening and crosses 39455 and 39600 levels with strong bullish candle, we will take long position with minimum quantity up to 39990 level.
2. If there's flat opening, we can expect range boundness in between the levels.
3. Or we will wait for the price to reach until 38712 level as support level. if there's reversal, we will take long position up to 39455 level.
4. Maintain proper stoploss while placing trades.
5. Will update further updates during live trade.
Have a profitable day :)
1. Considering tommorow levels if there's gap up opening and crosses 39455 and 39600 levels with strong bullish candle, we will take long position with minimum quantity up to 39990 level.
2. If there's flat opening, we can expect range boundness in between the levels.
3. Or we will wait for the price to reach until 38712 level as support level. if there's reversal, we will take long position up to 39455 level.
4. Maintain proper stoploss while placing trades.
5. Will update further updates during live trade.
Have a profitable day :)
Trade active
Note
Maintain trailing stoplossNote
maintain only few quantity of lots
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.