BANKNIFTY
Banknifty key levels are marked on chart.
Intraday resistance - 43450 if breaks then bullish move is expected.
If it doesn't break and if drift below 43350 then a fall towards the major Support is possible.
Fib - Retracement - Banknifty downtrend has retracement of 0.382. the reversal is most likely.
Major Support - 42950.
Use position sizing according to your stoploss level.
Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.
Thankyou.
Banknifty key levels are marked on chart.
Intraday resistance - 43450 if breaks then bullish move is expected.
If it doesn't break and if drift below 43350 then a fall towards the major Support is possible.
Fib - Retracement - Banknifty downtrend has retracement of 0.382. the reversal is most likely.
Major Support - 42950.
Use position sizing according to your stoploss level.
Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.
Thankyou.
Kommentera:
opened gap -up and triggered reversal short entry and also broken the major support mentioned 42950 and crashed 600 points.
LEARN AND EARN. JOIN US ON TELEGRAM CHANNEL: t.me/stock_option_idea
superprofile.bio/tradexculture
WHATSAPP :- 8966893932
TELEGRAM :- @Mrsanjay_p
superprofile.bio/tradexculture
WHATSAPP :- 8966893932
TELEGRAM :- @Mrsanjay_p