BankNifty opened flat and we saw a sharp fall, BankNifty came near to support zone 35000-34900 and took a bounce as we updated. We got good 190-200 points move, BankNifty closed near the support zone and if it breaks and sustains below 34950, we can see 34500 and 34200 in few sessions.
Expectations for Tomorrow: Volatile day.
Resistance: 35370 Support: 34882
Intraday Levels: Buy Above 35220 Sell Below 34950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading! InvestPro India Team
Trade closed: target reached
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Got sell opportunity and gave great profit in 35000 PE.
volatile day SL hit on sell & good up in no time in which one could have entered only in 35290 levels when looking for atleast 3mins candle closing, let see how it moves up
InvestPro_India
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@lakshmibala1988, Let it sustain below sell level... first 15 min candle came down and went up, Sell Trade didn't trigger.
Movieshow
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any views on Maharashtra bank?
InvestPro_India
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@harimagesh1205, sorry, we don't track that counter.