BANKNIFTY Index has resistance near 57100 – 57200 range and if index crosses and sustains above this level then may reach near 57600– 57700 range.
Banknifty has immediate support near 56200 - 56100 range and if this support is broken then index may tank near 55700 - 55600 range.
Trade closed: target reached
Gap up opening and made low near 56715 then bounced and made high near 57250 and closed near 57210.
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.