Banknifty trading ideas
Now immediate resistance 34800 yes above it can take upto 35400 and below this level fell down till 34300/34145. Remember 35k is this week POB & these levels are strong reversal point, 34k very very strong support 🔥 look on chart I've plotted trendline index should follow this. Talking about tomorrow I'm slightly bearish cause today's volatile move doesn't give any sign of reversal today. So, 34800 level is on the focus tommorow.
Yesterday , I said below 34900 strong fall however target booked at opening, then goes volatile again falls much risky for day trading guys I alert you not to trade on current expiry contract on expiration date, VIX now at 15 indicates huge fall vix need to trade around 20 otherwise we can't buy very risky but index oversold at 30. Watch out levels that works so well, see you tomorrow.
Yesterday , I said below 34900 strong fall however target booked at opening, then goes volatile again falls much risky for day trading guys I alert you not to trade on current expiry contract on expiration date, VIX now at 15 indicates huge fall vix need to trade around 20 otherwise we can't buy very risky but index oversold at 30. Watch out levels that works so well, see you tomorrow.
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