BANKNIFTY Uptrend is expected to continue, however, volatility is expected due to expiry of F&O contract on BSE on 25th June.
The upward moment may lead the Index to 58550 – 58650 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 59250 – 59350 range.
On the contrary, a downward moment may drag the Index to 57350 – 57250 support range in downward momentum and if this support is broken then the index may tank near the 56650 – 56550 range.
Trade closed: target reached
Open flat with high near 57970 then tank to low near 57080 with close near 57185.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
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.