BANKNIFTY Analysis
If Price opens Gap down don't go for selling wait for the price retracement to 39400 for targets of 39200,39000,38700
Note : Powerful buying pressure will come at 39000 and 38700 towards 40100.
if possible look for sell 1st Half
Look for buying 2nd Half.
No bullish momentum after this level, key Resistance is 40100.
NOTE: If price closed tomorrow at 40100 levels .....Price opens Gap down on the next day (almost -500 points)...month end reversals Possible. Careful at these levels.
Note : Powerful buying pressure will come at 39000 and 38700 towards 40100.
if possible look for sell 1st Half
Look for buying 2nd Half.
No bullish momentum after this level, key Resistance is 40100.
NOTE: If price closed tomorrow at 40100 levels .....Price opens Gap down on the next day (almost -500 points)...month end reversals Possible. Careful at these levels.
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**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.