ajinkyadiwakar717

BANK NIFTY INTRADAY LEVELS

Short
ajinkyadiwakar717 Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY short bnf only if fresh support is broken , targets are zones marked below.
confirmation will be 15 min candle closing below 43770 and next 15 min candle opening below that level. stoploss will be 43930.
Comment:
short bnf only if we get below 43770 15 min candle close, hold below 43724 closing of 15 min candle.
targets are zone marked below.
Comment:
got confirmation of support break, now we need to brea 43685 level for reaching target
Comment:
sharp recovery from 43685 zone, wait for next price action
Comment:
bnf is stuck below freshly created minor resistance of 43922/43900, and is trying to break 15 min trendline, be carefull, can jump till day high again.
Comment:

as mentioned, bnf broke 922 after retesting 43770 level zone.
Comment:
bank nifty reaches previous day high/ old resistance again, watch how and where it moves. trade only above resistance or below suppor, till then stay away if you are a samll/safe trader
Comment:
resistance remains intact
Comment:
bank nifty still reacting in sell/resistance zone once crossed 43685, should go beow 4600
Comment:
we might get openning below our target tommorow.
Comment:

target done for the targets given, these current levels .
Comment:
short more only below 43465, which is strong support to hold pricefrom falling, avoid shorting above it.


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