InvestyourAsset

Banknifty TradeSetup for 29-09-2023

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NSE:BANKNIFTY   Nifty Bank Index
BankNifty important levels to watch are as follows

#Support: 44345

Sell below: 44345 only on 15 minute candle closure below the level.
Target 1: 44275
Target 2: 44160
Target 3: 44960


#Resistance: 44465

Buy Above: 44465 only on 15 minute candle closure Above the level.
Target 1: 44540
Target 2: 44660
Target 3: 44850



#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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#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.
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