Bank Nifty Intraday levels for Tomorrow..
Global cues and SGX indicates Gap up Open above 42700, any close above 42860-42896 or sustains above we can expect Target 1 and 2 will be tested on the higher side.
Any close below 42610, 42424 is the target on down side if that is compromised we can expect reversal again in Banknifty.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Global cues and SGX indicates Gap up Open above 42700, any close above 42860-42896 or sustains above we can expect Target 1 and 2 will be tested on the higher side.
Any close below 42610, 42424 is the target on down side if that is compromised we can expect reversal again in Banknifty.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
