SudhirRN

SudhirRN

these are major reaction levels. The support level is where the price regularly stops falling and bounces back up, while the resistance level is where the price normally stops rising and dips back down.

SudhirRN

There was double bottom at suport line, So here so much of liquidity,RED arrorw areas,SL haunting and goes upside from green areas.

SudhirRN

Long term view..wait for cheaper price. already price was move to upwardwait for retracemment.

SudhirRN

Intraday Banknifty candle was big..profit booking possible, if gapup opening then wait for priceaction to buying and shorting.

SudhirRN

NEXT move sideways to grab liquidity of sellers SL and then move to down.