InvestyourAsset

Banknifty Tradesetup for 28-08-2023

InvestyourAsset 업데이트됨   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty important levels to watch are as follows

#Support: 44138
Sell below: 44138 only on 15 minute candle closure below the level. scalpers may short below 44200 only for scalping.
Target 1: 44000
Target 2: 43880
Target 3: 43780



#Resistance: 44356
Buy Above: 44356 only on 15 minute candle closure Above the level.
Target 1: 44490
Target 2: 44670



#Demand Zone: 43950-44000 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.

#Supply Zone: 44300-44350 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.


#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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코멘트:
markets are more likely to stay within range till second half.
코멘트:


Target 1 achieved successfully after break of resistance.

Approaching Target 2

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