BANKNIFTY Index has resistance near 58500 – 58600 range and if index crosses and sustains above this level then may reach near 59000 – 59100 range.
Banknifty has immediate support near 57700 - 57600 range and if this support is broken then index may tank near 57200 - 57100 range.
Trade closed: target reached
Gap down opening with high near 58120 and made low near 57735 and closed near 57825.
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.