Banknifty important levels to watch are as follows
#Support: 43860 Sell below: 43860 only on 15 minute candle closure below the level. Target 1: 43730 Target 2: 43600 Target 3: 43455
#Resistance: 43970 Buy Above: 43970 only on 15 minute candle closure Above the level. Target 1: 44180 Target 2: 44410
#Demand Zone: 43700-44800 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 44160-44180 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Almost achieved target 1 and bounced back from the demand Zone as explained in the idea description above.