Jagadheesh_JP

BANK NIFTY INTRADAY LEVELS FOR 08/08/2023

Jagadheesh_JP Updated   
NSE:BANKNIFTY   Nifty Bank Index
BUY ABOVE - 45000
SL - 44880
TARGETS - 45130,45270,45470

SELL BELOW - 44770
SL - 44910
TARGETS - 44550,44280,44070

Previous Day High - 45000
Previous Day Low - 44770


I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.


Request your support and engagement by liking and commenting & follow to provide encouragement

HAPPY TRADING 👍
Comment:
Bank nifty opened with 51.45 points gap up
Trade active:
Buy side trade activated
Comment:
But trade with minimum quantity only because NIFTY moving reverse direction
Comment:
Market Not moving well
so safe traders be careful
Trade closed manually

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.