Banknifty Futures analysis
Banknifty Futures forming hammer with long wick rejection (it means buyers were In control even though selling pressure was there )
Important key levels to watch out for intraday 🎯
And Go long when breakout of level 37450-37500 with Stoploss of 37400 and Target 37800
And
Banknifty will weak when it traded below the 37050-37000 level But short only after main level breakout due global negative sentiment market will more volatile
If you like it do follow and have good day cheers
Important key levels to watch out for intraday 🎯
And Go long when breakout of level 37450-37500 with Stoploss of 37400 and Target 37800
And
- short / write only when it crosses below the 36850-36800 and with stoploss of 36950 and with Target of 36600
Banknifty will weak when it traded below the 37050-37000 level But short only after main level breakout due global negative sentiment market will more volatile
If you like it do follow and have good day cheers
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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.
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.