👉 Banknifty took support at last swing low 41333
and brack huge resistance level 41500
👉 Market may open huge gapup above to all time
High and may it came down to take support at
previous all time highlevels 41200
👉 little bit bearish due to. Huge gapup
At all time high
...
👉Banknifty face resistance at 41500 multiple time (it becomes week)
👉 Look like ovrall market bullish
👉 Banknifty form trendline
👉 Enter with half quantity ofter brack trend line
Add another half quantity ofter brack 41500
👉 Target near 41650
Have a happy trading day 🥰
👉Banknifty head and shoulder pattern
👉Base of the shoulder also form at support levels 41200
41200 brack down took half quantity
👉Another support at 41120 if it Brock down build another half quantity
👉Target near 40800
Have a happy trading day 🥰
Bank nifty opened 39343 right at the resistance line made a long wick 5mts 1st candle. The 2nd candle broke the SR line. At 09.40 after seeing the red candle i assumed BN will trade lower and exited the 39500 iron fly at the cost price.
I was not expecting BN to go up and the 4 candles from 09.45 to 10.00 really surprised me. And all the trade that happened till...
Expectations for Today: Volatile Day.
Intraday Levels are in chart.
We will update time to time.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Call Of Trader!!
Banknifty nutral points 40888to 41067
R1 41248
R2 41478
R3 41837
S1 40626
S2 40289
S3 40000
Important point
1.We are not SEBI registered advisor.
2. Theses support and resistance is for education purpose only.
3. We are not responsible for any profit and losses.
4. Kindly take trade according to your risk appetite.
