BankNifty Support&Resistance levels for wednesday 16th oct

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Banknifty levels to trade on Wednesday 16th oct.

Banknifty taking resistance from under at 20 ema and support at 50 ema in daily front.
(Support 51766,Resistance 51988).

Long if sustains above 52025 for targets of 52300,52450,52600,52800.

Short is sustains below 51800 for targets of 51700,51550,51400,51300.

watch for reversal at support,ressistance and target area above and below.

Educational pupose only do your own analysis before taking entries.
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52k taking resistance
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52k rejected and tested the support below 51800 area .
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交易手动结束
tough day for option buyers
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dwon side targets acheived
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Today's trade
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交易结束:到达目标
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交易结束:到达目标
premium chart for the trade above

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Supply and DemandSupport and ResistanceTrend Analysis

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