BANKNIFTY Index has resistance near 59300 – 59400 range and if index crosses and sustains above this level then may reach near 59800 – 59900 range.
Banknifty has immediate support near 58500 - 58400 range and if this support is broken then index may tank near 58000 - 57900 range.
Trade closed: target reached
Open flat and made low near 58690 then bounced and made high near 59265 and closed near 59215.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.