BankNifty Support&Resistance Levels for Nov 4th Monday
Updated
Banknifty Bias:- in range
Banknifty made inside candle in both weekly time frame and daily timeframe.Levels to trade for Monday are immeadiate support is 51600 and immeadiate resistance is 51800 area.
If Price sustains below 51600 area short for targets of 51450,51300,51200.
if Price sustains above 51800 area long for targets of 51900,52050,52200,52350.
Reversals area:- 51800 to short and 51600,51300 to long check price action on those levels to play reversals.
Banknifty made inside candle in both weekly time frame and daily timeframe.Levels to trade for Monday are immeadiate support is 51600 and immeadiate resistance is 51800 area.
If Price sustains below 51600 area short for targets of 51450,51300,51200.
if Price sustains above 51800 area long for targets of 51900,52050,52200,52350.
Reversals area:- 51800 to short and 51600,51300 to long check price action on those levels to play reversals.
Note
51600 breakdown two targets acheived below
Trade closed: target reached
All targets acheived below
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