BANKNIFTY-Look for sell at 43100-43250
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
Note
Can we expect a long from 42700 Consolidation + breakdown.
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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.