BANKNIFTY Range bound moment is expected with reversal from support and resistance.
The upward moment may lead the Index to 58450 – 58550 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, The downward moment may drag the Index to 57050 – 56950 support range in downward momentum and if this support is broken then the index may tank near the 56250 – 56150 range.
Trade closed: target reached
Gap up opening with high near 57930 then drag to low near 57420 with close near 57580.
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.