Oppurtunity : Bank Nifty AnalysisLooks like buyers have hold the day from falling also have positive closing if same continue in morning may be tomorrow buyers can dominate as per trend if breaks with volume 48300.
Also a round number zone so avoids false breakouts and traps at this levels.
resistance 48300
support 48000
Note : Make your own analysis before making any trading decision.
Important_levels
Bank Nifty Futures 22nd May levelsIncase You have been viewing the charts, you will find special markings in Red, blue and Green. These are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
keep following for live market updates.
#Breakout Bandhan Bank Trading At very Important Zone .Bandhan Bank Trading At very Important Level.
As you can See Feb to march Bandhan Bank traded at same level but at that time look at the context .
At that time price consolidated at that Level and goes completely Sideways but now the scenario is very different , look at the context now it making Higher high at the Breakout Level with more Volume than Usual.
which tells is something is happening Silently . Big players initiated Buying at this Level .
If you have any Question feel free to ask .