rakeshreddym

Banknifty Support&Resistance levels for 19th April Friday

rakeshreddym Updated   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty Support and Resistance levels to trade on friday are

Support is 47000-46950 area look for breakdown or rejection here down side targets will be 46800,46650,46600. if support got held reversal can play till targeting 47400 area
Resistance is 47350 to 47400 area look for breakout or rejection here higher side target will be 47550,47600,47750,47800 and in case of rejection on resistance play till target of support area and more if price action permits.

Comment:
as mentioned target area 46600 acted as reversal
Comment:
Comment:
look where it it took support on daily time frame trndline
Comment:
Support and Resistance levels for Banknifty April 22nd Monday.

Look for rejection or breakout from resistance and support areas mentioned on chart

Comment:
entered long on support area
48000 CE at 133
Trade active:
Trade closed: target reached:
103 points booked
Comment:
spot chart support to resistance trade
Comment:
April 23rd support and resistance

today market opening at resistance level wait for a dip if found support on 47100-47150 area look for long don't chase on the highs

Comment:
bakwas price action whole day in almost stuck in 100 points rang after opening drop.
Comment:
April 24th Expirty support and resistance levels

Trade active:
Trade closed: target reached:
Comment:
today april 25th opened at support level and rallied currently tading at resistance area watch out 48300 area rejection short here and breakout above long

Comment:
break out happened above resistane


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