BANKNIFTY Analysis -Retracement is going to Happen Tomorrow
Key Resistance level is observed at 40900-40850. Price is still in this range.
Today Observations:
No proper Retracement is not observed still.
No proper bullish movement is observed today.
Before going to break this level price give some retracement to 40500-40450 level again....so enter long here for targets of41100, 40250
(only Buy Side).
Intraday Sell plan.
Sell Plan:
40900 is a level where previously strong sell off happens now at least will get a pullback,
Note 1: If opens flat will go for Selling to 40500-40400 levels.
I am Expecting a retracement to 40500-40400 levels.
Keep in the sell side tomorrow mostly.
Today Observations:
No proper Retracement is not observed still.
No proper bullish movement is observed today.
Before going to break this level price give some retracement to 40500-40450 level again....so enter long here for targets of41100, 40250
(only Buy Side).
Intraday Sell plan.
Sell Plan:
40900 is a level where previously strong sell off happens now at least will get a pullback,
Note 1: If opens flat will go for Selling to 40500-40400 levels.
I am Expecting a retracement to 40500-40400 levels.
Keep in the sell side tomorrow mostly.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.