Banknifty is currently in zone that previously consolidated spent more time in this range so carefull very harm full for option buyers until it stays in this this marked yellow range in chart, play extremes wait for it with patience sell high buy low. Only if you see good price aciton that it shows signs of continuation on extremes high or low carry with the trade that side with trailing.
Support 43600-43500 Area
Resistance 43750-43850 Area
Suppprt breaks targets will test 43450,43350,43300,43250
Resistance breaks targets will test
43900,43970,44040,44200.
Support 43600-43500 Area
Resistance 43750-43850 Area
Suppprt breaks targets will test 43450,43350,43300,43250
Resistance breaks targets will test
43900,43970,44040,44200.
Comment:
Still in range
Comment:
Comment:
5 mins chart
Trade closed: target reached:
All targets acheived after mentioned support break
