BANKNIFTY-Look for sell at 43100-43250
Updated
Note :
fake breakouts may happens at this level, be careful at this level.
Buy plan:
if price breaks 43100 and pullback to 43000 levels then go for buying up to 43210,43300,43470.
Sell Plan: Look only for sell at these levels.
if 43000 breaks and observe a fake breakout and falls below to this level and again 43000 level acts as resistance go for selling targets are 42800,42700,42620.
we have Strong support at 42400-42350 levels.
Consolidation Levels : 43100-42800
fake breakouts may happens at this level, be careful at this level.
Buy plan:
if price breaks 43100 and pullback to 43000 levels then go for buying up to 43210,43300,43470.
Sell Plan: Look only for sell at these levels.
if 43000 breaks and observe a fake breakout and falls below to this level and again 43000 level acts as resistance go for selling targets are 42800,42700,42620.
we have Strong support at 42400-42350 levels.
Consolidation Levels : 43100-42800
Comment
Can we expect a long from 42700 Consolidation + breakdown.
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