BANKNIFTY Index has resistance near 56900 – 57000 range and if index crosses and sustains above this level then may reach near 57400– 57500 range.
Banknifty has immediate support near 56100 - 56000 range and if this support is broken then index may tank near 55600 - 55500 range.
Trade closed: target reached
Gap down opening and made high near 56580 on bounced then tank to low near 55995 and closed near 56085.
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.