IIT-Trader

BANKNIFTY--43900 or 42900 ??

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NSE:BANKNIFTY   Nifty Bank Index
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis.
Komen:
Don't go for buying ...look for short side from 43500-43550 levels
Komen:
Ready to test this zone. Ignore long.
Komen:
exit from short
Komen:
If this zone at 43270 zone will push the price upside...keep safe...Don't go long immediately.. chance of continuation down.
Komen:
there is a chance of drop base drop...so keep in short side view...
If no breakdown.. tomorrow it will reach 43900.
As of now no long view....

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