Nifty Bank IndexLong
BANKNIFTY--@Trendline Break??
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I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
Note
After a strong consolidation price opens upside...this might be a manipulation...Take care before long or short...
Note
If again consolidation keep in buy sideNote
Looking for buy @43100 levels....Note
Note
If no fall enter long on breakNote
Exit from short if you areNote
Don't go long immediately waitNote
Previously 42925 is a support if acts as resistance again fall back...on bottom support at 42820 and 42840 has to break and retest for short
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Please Like, Follow and Comment
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Thanks for your Support **
--Educational Purpose Only--
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