BANKNIFTY Index has resistance near 55700 – 55800 range and if index crosses and sustains above this level then may reach near 56200– 56300 range.
Banknifty has immediate support near 54900 - 54800 range and if this support is broken then index may tank near 54500 - 54400 range.
Trade closed: target reached
Open flat with low near 55160 then bounced and made high near 55660 with close near 55510.
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.