BANKNIFTY INDEX FUTURESUpdated BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY
INDEX SUMMARY
-BANKNIFTY IS BATTLING TO BREAK ON THE UPSIDE
-ONCE BANKNIFTY MOVES ABOVE 23170-23180 WE WILL SEE A CLEAR MOVE TOWARDS 23380-23480
-BANKNIFTY IN THE PAST HAS SHOWN US THAT WHEN CROSSED ABOVE 23200 THEN INDEX GOES UPTO 24000-25000
-MORE SHORT-COVERING TO BE SEEN ABOVE 23200 IN BANKNIFTY
-NOTE BANKNIFTY IS TRADING BELOW ITS 200-EMA
-WHERE AS NIFTY INDEX IS TRADING ABOVE ITS 200-EMA
-CRUCIAL SUPPORT @22750
-CRUCIAL RESISTANCEE @23180
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF INDEX TRADES ABOVE 23160
BANKNIFTY FUTURES TRADE
BUY@23170
STOP@23070
TARGET@23320
QTY=200
BANKNIFTY RESISTANCE FOR THE DAY
23070-23180-23440 ( FUT )
BANKNIFTY SUPPORT FOR THE DAY
22750-22600-22450 ( FUT )
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
-BANKNIFTY IS BATTLING TO BREAK ON THE UPSIDE
-ONCE BANKNIFTY MOVES ABOVE 23170-23180 WE WILL SEE A CLEAR MOVE TOWARDS 23380-23480
-BANKNIFTY IN THE PAST HAS SHOWN US THAT WHEN CROSSED ABOVE 23200 THEN INDEX GOES UPTO 24000-25000
-MORE SHORT-COVERING TO BE SEEN ABOVE 23200 IN BANKNIFTY
-NOTE BANKNIFTY IS TRADING BELOW ITS 200-EMA
-WHERE AS NIFTY INDEX IS TRADING ABOVE ITS 200-EMA
-CRUCIAL SUPPORT @22750
-CRUCIAL RESISTANCEE @23180
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF INDEX TRADES ABOVE 23160
BANKNIFTY FUTURES TRADE
BUY@23170
STOP@23070
TARGET@23320
QTY=200
BANKNIFTY RESISTANCE FOR THE DAY
23070-23180-23440 ( FUT )
BANKNIFTY SUPPORT FOR THE DAY
22750-22600-22450 ( FUT )
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
Trade closed: target reached
DASH TRADE TARGET HIT IN BANKNIFTY FUTURES
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