Hi Traders.... Hope Everyone is doing Good :)
Here are some important levels of Banknifty.
As you can see yesterday Banknifty moves in a fixed range try to break 35800 level but can't...
Today Banknifty gives a Gap-up opening and if you see banknifty on bigger time frame there is a good resistance at 36620-36750
Today's Trade and condition....
1. If banknifty breaks the level of 36750 the only level where i'm comfortable to buy CE after this banknifty is fully bullish..
2. If banknifty take resistance at the level of 32650 then go for PE
2. If banknifty breaks day's low then go for PE
Tip: Avoid trading if you can't predict the market behaviour also if market goes sidesways totally avoid the trading. Save your capital. It's not necessary to trade everyday in the market.
Here are some important levels of Banknifty.
As you can see yesterday Banknifty moves in a fixed range try to break 35800 level but can't...
Today Banknifty gives a Gap-up opening and if you see banknifty on bigger time frame there is a good resistance at 36620-36750
Today's Trade and condition....
1. If banknifty breaks the level of 36750 the only level where i'm comfortable to buy CE after this banknifty is fully bullish..
2. If banknifty take resistance at the level of 32650 then go for PE
2. If banknifty breaks day's low then go for PE
Tip: Avoid trading if you can't predict the market behaviour also if market goes sidesways totally avoid the trading. Save your capital. It's not necessary to trade everyday in the market.