BANKNIFTY TRADE SETUP

-BANKNIFTY IS LOOKING TO OPEN FLAT
-BANKNIFTY TILL NOW IS LAGGING BEHIND THE NIFTY RALLY
-BANKNIFTY NEEDS TO CONQUER 22450 ON CLOSING BASIS TO MOVE HIGHER
-INDEX HAS NOW MULTIPLE SUPPORTS NOW PLACED BETWEEN 22200-21800
-CRUCIAL SUPPORT PLACED AT 21960
-RESISTANCE IS PLACED AT 22450
-A CLOSE ABOVE WILL LEAD TO 23070-23480
-"WAIT AND WATCH APPROACH FOR NOW"
-BREAK TRADE IN BANKNIFTY ABOVE 22450

BANKNIFTY RESISTANCE FOR THE DAY
22300-22380-22450
BANKNIFTY SUPPORT FOR THE DAY
21960-21880-21800

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