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InvestyourAsset
Aug 7, 2023 3:13 PM

Banknifty TradeSetup For 08-08-2023 

Nifty Bank IndexNSE

Description

BankNifty important intraday levels to watch for 07-08-2023


#Support: 44800
Short if candle closes below 44800

#resistance: 45000
Long if candle closes above 45000


#Targets on downside after break of support.
Target 1= 44630
Target 2= 44400

#Targets on upside after break of resistance.
Target 1= 45135
Target 2= 45360


Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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Comment

markets may open with negative trend

Comment

sideways day...no trade opportunity.
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