Banknifty support & resistance for 04-Oct-22 based on my experience. This information is ONLY for EDUCATIONAL purpose. Please consult your financial advisor for any trading/investments.
Trade the breakout !!! Buy above 2850 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward...
The stock has been trapped in a channel for a long time. Last day, it broke out of the pattern and also retested the trendline. The trend will be confirmed if the latest high of 710.5 is broken. This is an intraday as well as swing pick from my side. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before...