IIT-Trader

BANKNIFTY--44300 or 43600

IIT-Trader Updated   
NSE:BANKNIFTY   Nifty Bank Index
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support
Comment:
Look for long it opens down...43400 or 43450 ---
next support zone @43200 levels...
Comment:
As long as price below 43720 level keep in short side....
Comment:
Now previous demand at 43800-43840 zone is acts as a resistance...keep safe...
Comment:
If that failed to push down...43920 and 44080 and 44120 will reach...soon.
Comment:
Exit few guys....rest trail.
Comment:
Exit guys...it will give pullback or reversal may happen.
Comment:
Enter long....few quantity....
Order cancelled:
Ignore this ....long.

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