BANKNIFTY Index is at support and upside reversal is expected.
The upward moment may lead the Index to 57500 – 57600 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 58200 – 58300 range.
On the contrary, The downward moment may drag the Index to 56000 – 55900 support range in downward momentum and if this support is broken then the index may tank near the 55300 – 55200 range.
Trade closed: target reached
Gap up opening with low near 56940 and further made high near 57315 with close near 57205.
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.