Nifty Bank IndexTelah dikemas kini BANKNIFTY-Will Rise or Fall back
Key Resistance level is observed at 42500. Price is still in this range.
Note:
we have a previous Resistance 42350-42400 may act as support, if this level breaks then only the price reach to the next supports at 42000,41700-41600 levels.
Today Observations:
After a Strong selloff is observed, price again wants to test supply zone 42500 for fall again.
Intraday Sell plan.
Sell Plan:
42350-42400 is a level strong sell off happens ,if again this level breaks and retest will go selling,(now at least will get a pullback) and showing down pressure go short for downside targets are 42000,41700.
Note:
we have a previous Resistance 42350-42400 may act as support, if this level breaks then only the price reach to the next supports at 42000,41700-41600 levels.
Today Observations:
After a Strong selloff is observed, price again wants to test supply zone 42500 for fall again.
Intraday Sell plan.
Sell Plan:
42350-42400 is a level strong sell off happens ,if again this level breaks and retest will go selling,(now at least will get a pullback) and showing down pressure go short for downside targets are 42000,41700.
Nota
Price created a demand Zone at 42320-42350 range, wait before going long at this zone.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.