Banknifty Expiry tradesetup for 03-08-2023
Updated
BankNifty important intraday levels to watch for 03-08-2023
#Support: 44750 (Immediate support for scalping 44880)
Short if candle closes below 44990
#resistance: 45090
Long if candle closes above 45090
#Targets on downside after break of support.
Target 1= 44600
Target 2= 44420
#Targets on upside after break of resistance.
Target 1= 45240
Target 2= 45360
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 44750 (Immediate support for scalping 44880)
Short if candle closes below 44990
#resistance: 45090
Long if candle closes above 45090
#Targets on downside after break of support.
Target 1= 44600
Target 2= 44420
#Targets on upside after break of resistance.
Target 1= 45240
Target 2= 45360
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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
Target 1 achieved after break of support !!Note
Just the way it was planned !!
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