🛑in Yesterday market analysis told that there's in decision between buyers and sellers at high level , and today also market is rejected from 39900 -40000 levels and if see the BANKNIFTY in Day frame chart we can clearly observe that it forms bearish candle which it's body covered full yesterday's trading sessions ....
- from now market will stays in between the range 40000-38300 , will be the consolidation zone for BANKNIFTY
-Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 38800
🛑 keys Levels to watch out for day traders
- resistance is at 39900- 40000
-with the stop loss of 39800
- we can see target of 40300
- Support Levels is at 39400-39300
- with SL of 39500
- we can see Target of 39000
if you like it ,do follow for more
have a nice day
- from now market will stays in between the range 40000-38300 , will be the consolidation zone for BANKNIFTY
-Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 38800
🛑 keys Levels to watch out for day traders
- resistance is at 39900- 40000
-with the stop loss of 39800
- we can see target of 40300
- Support Levels is at 39400-39300
- with SL of 39500
- we can see Target of 39000
if you like it ,do follow for more
have a nice day
