Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral (resistance worked)
After sharp short covering rallies and good pull back seen. Shaking out some bullish sentiment. So now neutral view is been maintained. Though I am of bullish view until the highlighted levels that i have mentioned in the analysis...
07 MAY 2021
INSTRUMENT: BANKNIFTY
TREND: BUY
TIME FRAME: DAY
CMP: 32904.5
BUY ABOVE: 33308
STOP LOSS: 32491
TGT 01: 35187
TGT 02: 36128
DISCLAIMER:
We are not S E B I registered analyst. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever
