Banknifty has resistance near 56500 – 56600 range and if index crosses and sustains above this level then may reach near 57000 – 57100 range.
Banknifty has immediate support near 55400 - 55300 range and if this support is broken then index may tank near 54700 - 54600 range.
Trade closed: target reached
Gap up opening with high near 56160 then tank to low near 55455 and closed near 55600.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.