Banknifty Trade Setup for 17-07-2023
Updated
BankNifty Important intraday levels to watch for 17-07-2023
#Support: 44790
Short if candle closes below 44790
#resistance: 44920
Long if candle closes above 44920
#Targets on downside after break of support.
Target 1= 44560
Target 2= 44420
#Targets on upside after break of resistance.
Target 1= 45090
Target 2= 45315
Target 3= 45420
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#Support: 44790
Short if candle closes below 44790
#resistance: 44920
Long if candle closes above 44920
#Targets on downside after break of support.
Target 1= 44560
Target 2= 44420
#Targets on upside after break of resistance.
Target 1= 45090
Target 2= 45315
Target 3= 45420
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
Note
Banknifty managed to breach the support. Currently, trading in a narrow range. Watch the levels patiently and keep trailing SL.Note
after bouncing back sharply from the support...banknifty broken out from the resistance marked and achived target 1 on upside.
44920 to 45100 ... 120 points gained successfully !
Note
banknifty almost achieved second target too
Note
44920 to 45300 ... 380 points in one go !!Note
44920 to 45556... 636 points rally captured. Reason behind the rally is
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