Overview: Banknifty opened on a range of support and resistance levels of yesterday and faced support of 34730 levels and bounced to test our level of 34893, It was the same movement as the day before yesterday hence the levels are intact.
Again we have range in the market as the movements are not that great either due to illiquidity or volatility.
Banknifty resistance level: 34893/35076
Yesterday’s support has become the resistance now, so if markets start to trade above 34893 levels and maintain a range till 1 PM we can have a very good movement on range breakout.
Banknifty Support level: 34629/34443
If bank nifty opens flat and crosses yesterday’s low then only we can short for the lower targets on support.
It will then continue to get 2nd level of support so trade with caution.
Again we have range in the market as the movements are not that great either due to illiquidity or volatility.
Banknifty resistance level: 34893/35076
Yesterday’s support has become the resistance now, so if markets start to trade above 34893 levels and maintain a range till 1 PM we can have a very good movement on range breakout.
Banknifty Support level: 34629/34443
If bank nifty opens flat and crosses yesterday’s low then only we can short for the lower targets on support.
It will then continue to get 2nd level of support so trade with caution.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。