BANKNIFTY Index has resistance near 57400 – 57500 range and if index crosses and sustains above this level then may reach near 57900 – 58000 range.
Banknifty has immediate support near 56500 - 56400 range and if this support is broken then index may tank near 56000 - 55900 range.
Clarity on India US trade deal will pave the path for fresh movement on either side.
Trade closed: target reached
Open flat with low near 56925 and high near 57305 and closed near 57250.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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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.