NumroTrader

Bank Nifty Spot Chart Analysis for Tomorrow 6 Feb., 2024

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
📊 Bank Nifty Spot Analysis - Daily Chart 📈

Day Range: 433.5 Points

📈 Buy Levels:
Buy at 45883 🎯 Target 1: 46093.45 🎯 Target 2: 46259.05
Add one lot at 45831.85
Buyer Stop Loss: 45750.7

📉 Sell Levels:
Sell at 45780.7 🎯 Target 1: 45557.65 🎯 Target 2: 45392.05
Seller Stop Loss: 45913

🔍 Analysis:
The Bank Nifty spot chart displays a day range of 433.5 points. Initiate a buy position at 45883 with targets at 46093.45 and 46259.05. Add an additional lot at 45831.85 to optimize potential gains, and set the buyer stop loss at 45750.7. For selling, execute a trade at 45780.7 with targets at 45557.65 and 45392.05, and maintain the seller stop loss at 45913.

📅 Stay Informed:
Keep abreast of Bank Nifty movements to align your trading strategies with the provided levels for potential profits.

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Seasoned index & commodity trader with excellent technical analysis skills.

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