BankNifty opened with a small gap-down 35400 and after making a low near 35340 we saw a good bounce in BankNifty towards 35720 zones. BankNifty again faced resistance at higher levels and it came towards the 35300 level, but this provided support and we saw a more than 400 points steep rise in the last 30 - 40 mins.
Tomorrow if BankNifty sustains below 35200, we can expect a further downmove.
Expectations for Tomorrow: Range-bound day, Volatality after 12:50 PM.
Intraday Levels:
Buy Above 35800
Sell Below 35200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Tomorrow if BankNifty sustains below 35200, we can expect a further downmove.
Expectations for Tomorrow: Range-bound day, Volatality after 12:50 PM.
Intraday Levels:
Buy Above 35800
Sell Below 35200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Note
No Trade as per set-up.
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We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
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Related publications
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.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
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.