BANKNIFTY LEVELS 06/03/2023
BANKNIFTY ANALYSIS WITH LOGIC :
1. Considering the levels if there is small gap price should retest 41240 level should form bullish candle above that level. Then only we will take long position upto 41995 level.
2. If it opens on a flat now price shuld cross 41333 with strong candle after that we can set our targets upto 41995 level
3. if price opens below 41840 level we can short upto recent low 40950 level by maintaing trailing stoploss sudden spikes may occur during short side
HAVE A SAFE AND PROFITABLE DAY
1. Considering the levels if there is small gap price should retest 41240 level should form bullish candle above that level. Then only we will take long position upto 41995 level.
2. If it opens on a flat now price shuld cross 41333 with strong candle after that we can set our targets upto 41995 level
3. if price opens below 41840 level we can short upto recent low 40950 level by maintaing trailing stoploss sudden spikes may occur during short side
HAVE A SAFE AND PROFITABLE DAY
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.