BANKNIFTY Index has resistance near 57250 – 57350 range and if index crosses and sustains above this level then may reach near 57800 – 57900 range.
Banknifty has immediate support near 56300 - 56200 range and if this support is broken then index may tank near 55800 - 55700 range.
Trade closed: target reached
Volatile day, gap up opening and tank to low near 56625 then bounced and made high near 57075 with closed near 57030.
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.