manavtechresearch

BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
INDEX SUMMARY

-BANKNIFTY YESTERDAY MOVED IN A SINGLE DIRECTION
-WITH MIINOR SIDEWAYS ACTION INDEX CLOSED AT THE HIGHEST LEVEL
-AS EXPECTED BANKNIFTY MOVED IN OUR TRADING CHANNEL(1-HOUR CHART)
-BASED ON THE CHANNEL ANALYSIS BANKNIFTY CAN MOVE TILL 30K-31K
-REMEMBER NIFTY IS UP BY 8% FROM PREVIOUS ALL TIME HIGH
-BANKNIFTY INDEX IS STILL TO BREACH ITS PREVIOUS ALL TIME HIGH
-SO LONG LEGS ARE STRONG IN BANKNIFTY
-BANKNIFTY IS GEARING FOR HIGHER LEVELS
-TRADING INSIDE THE NEW BULLISH CHANNEL ON HOURLY CHART
-CONFIRMED IN LOWER TIME-FRAME ALSO
-COMING TO LEVELS 29350-29600 IS THE SUPPLY ZONE FOR NOW
-IT WAS TAKEN OUT YESTERDAY SO IT ACTS AS RESISTANCE TURNED SUPPORT
-EXPECT 30000 AS A CRUCIAL RESISTANCE
-ONCE TAKEN OUT AND IF INDEX MANAGES TO SUSTAIN ABOVE IT
-WE CAN SEE HEAVY SHORT COVERING PROPELLING THE INDEX BY 750-1500 POINTS
-MONTHLY EXPIRY WEEK SO I DONOT EXPECT ONE SIDE MOVE
-SO DONOT OVER TRADE


BANKNIFTY RESISTANCE FOR THE DAY
29780-30000-30580( FUT )
BANKNIFTY SUPPORT FOR THE DAY
29000-29300-29660( 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!!
PINNACLE TRADERS FREE CHANNEL
https://t.me/pinnacletraders
PINNACLE SWING TRADES PREMIUM CHANNEL
ping me:-
https://t.me/mktech94
PINNACLE PREMIUM INTRADAY FUTURES AND OPTIONS CHANNEL
ping me:-
https://t.me/mktech94

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out