Brent Crude (UK Oil) at its support zone of around 73.3-73.80. Will it hold?
368 can be good level to short given it has broken the trendline now.
Traders will look for a gap fill, and after it 11420 can act as a support, a good place to go long.
Strictly for intraday trade, one can go long near 30260.
Can give a bounceback from here. Watchout.
At a long term support zone, can bounce back.
Supports at 24970, 24840
Resistance at 25190, 25460
Positive RSI divergence on daily charts.
Bullish Engulfing on Weekly charts.
Immediate Support at 25210 / 25060
Immediate Resistance at 25420 / 25700
BANKNIFTY broke through all major resistances today. All have turned as supports for now.
Here's the setup for tomorrow
Supports - 25165 / 25025
Resistances - 25315 / 25440
Supports at 24445, 24245
Resistance at 24740, 24860, 25050
Resistance at 24715 / 24840 / 25040
Support at 24500 / 24380 / 24250