BANKNIFTY Index is near 57250 support and if it could not sustain then -
The downward moment may drag the Index to 56900 – 56800 support range in downward momentum and if this support is broken then the index may tank near the 56100 – 56000 range.
On the contrary, The upward moment may lead the Index to 58300 – 58400 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 59100 – 59200 range.
Trade closed: target reached
Gap up opening with low near 57540 then made high near 58595 with close near 58520.
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.