BankNifty important levels to watch are as follows
#Support: 43880
Sell below: 43880 only on 15 minute candle closure below the level. Target 1: 43780 Target 2: 43620 Target 3: 43475
#Resistance: 44045
Buy Above: 44045 only on 15 minute candle closure Above the level. Target 1: 44140-44155 Target 2: 44290 Target 3: 44470
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
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=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Commentaire
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huge gap up opening, wait for further levels to break