BANKNIFTY Intraday Trade Setup For 08 Dec 2021
Buy-Above 36870
Sl-36770
T-37150 37350 37600
Sell-Below 36500
Sl-36600
T-36350 36160
BANKNIFTY has closed just below the hourly range high. The hourly trendline has been broken decisively. After trendline breakout a short covering move of 400 points was seen.
Index took exact support from 36000 today morning and headed straight till 36800.
36500 will play an important role in tomorrow's trading session we will short on breakdown of 36500 for the target of 36160.
Gap filling will take place above 36900. Above 36870 index will head towards 37600 in coming days.
Buy-Above 36870
Sl-36770
T-37150 37350 37600
Sell-Below 36500
Sl-36600
T-36350 36160
BANKNIFTY has closed just below the hourly range high. The hourly trendline has been broken decisively. After trendline breakout a short covering move of 400 points was seen.
Index took exact support from 36000 today morning and headed straight till 36800.
36500 will play an important role in tomorrow's trading session we will short on breakdown of 36500 for the target of 36160.
Gap filling will take place above 36900. Above 36870 index will head towards 37600 in coming days.
