TradingView
manavtechresearch
Jul 3, 2020 3:21 AM

BANKNIFTY TRADE SETUP  

Nifty Bank IndexNSE

Description

-BANKNIFTY MIGHT OPEN 200 IN THE PLUS
-INDEX YESTERDAY TESTED THE RESISTANCE OF 22300
-INDEX ALSO AGAIN TESTED THE SUPPORT OF 21960
-BIG MOVES ABOVE 22300 IN THE BANKNIFTY
-BANKNIFTY YESTERDAY REJECTED THE 100 EMA
-IF 22450 IS CROSSED ON COLSING BASIS WE ARE MOVING TOWARDS 23000-23800
-CRUCIAL SUPPORT PLACED AT 21960
-CRUCIAL RESISTANCE PLACED AT 22200-22300

BANKNIFTY RESISTANCE FOR THE DAY
22070-22200-22300
BANKNIFTY SUPPORT FOR THE DAY
21960-21630-21410

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

READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX










More