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BANKNIFTY TRADE SETUP

NSE:BANKNIFTY   NIFTY BANK
-BANKNIFTY IS LOOKING TO OPEN POSITIVE
-BANKNIFTY TILL NOW WAS LAGGING BEHIND THE NIFTY RALLY
-BANKNIFTY CONQUERED 22450 ON CLOSING BASIS TO MOVE HIGHER AS DISCUSSED EARLIER
-INDEX HAS NOW MULTIPLE SUPPORTS NOW PLACED BETWEEN 22200-21800
-CRUCIAL SUPPORT PLACED AT 22450 (RESISTANCE-TURNED-SUPPORT)
-NEXT TARGET ON BANKNIFTY 22800-23070-23480
-BREAK TRADE IN BANKNIFTY ABOVE 22450 IS NOW ACTIVE

BANKNIFTY RESISTANCE FOR THE DAY
22820-23000-23225
BANKNIFTY SUPPORT FOR THE DAY
22480-22380-22300

!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!

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