-BANKNIFTY IS SHOWING SIGNS OF WEAKNESS AND FURTHER PRESSURE -YESTERDAY ALL THE GAINS WERE GIVEN UP IN CLOSING -IT TOOK SUPPORT AT VERY CRUCIAL SUPPORT OF 21150 AGAIN YESTERDAY AFTER RISING TILL 21900 -IF IT HOLD 21150 BANKNIFTY CAN ARREST FURTHER DOWNSIDE MOMENTUM -INDEX REVERSED FROM ITS 200-EMA(30-MIN CHART) -CRUCIAL RESISTANCE PLACED AT 21670-21960 -CRUCIAL SUPPORT PLACED AT 21150-21050 -I EXPECT TODAY MARKET TO TRADE IN THE RANGE OF 21050-21900 -EXPIRY TODAY SO WATCH OUT -BANKNIFTY NEEDS TO TAKE 21670-21960 TO TRADE HIGHER AGAIN -PATIENCE IS NEED IN BANKNIFTY TRADING "WAIT AND WATCH"APPROACH
BANKNIFTY RESISTANCE FOR THE DAY 21960-21800-21670 BANKNIFTY SUPPORT FOR THE DAY 21200-21150-21050
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK PROFILE!! !!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!! !!HAPPY TRADING!!