Banknifty Important intraday levels are as follows,
#Support: 44700
Short if 15 minute candle closes below 44700. Scalpers may use 5 minute candle closing.
#resistance: 44790
Long if 15 minute candle closes above 44790. Scalpers may use 5 minute candle closing.
#Targets on downside after break of support:
Target 1= 44600
Target 2= 44450
#Targets on upside after break of resistance:
Target 1= 44880
Target 2 = 45000
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#Support: 44700
Short if 15 minute candle closes below 44700. Scalpers may use 5 minute candle closing.
#resistance: 44790
Long if 15 minute candle closes above 44790. Scalpers may use 5 minute candle closing.
#Targets on downside after break of support:
Target 1= 44600
Target 2= 44450
#Targets on upside after break of resistance:
Target 1= 44880
Target 2 = 45000
Follow us for more such information. Give us a like if you appreciate the idea.
Queries will be answered in comment section.
Comment:
opened with a huge gap up. Now the resistance may act as a support.
Trade closed: target reached:
huge means huge, both the targets reached in few minutes in morning !!
