BANKNIFTY Index has resistance near 55800 – 55900 range and if index crosses and sustains above this level then may reach near 56300– 56400 range.
Banknifty has immediate support near 54850 - 54750 range and if this support is broken then index may tank near 54400 - 54300 range.
Positive opening expected due to signal of non imposition of secondary tariff.
Trade closed: target reached
Gap up opening and further made high near 26155 then profit booking dragged to low near 55650 with close near 55735.
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
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.