Nifty Bank IndexAtualizado BANKNIFTY Analysis 03-04-2023
Key Resistance level is observed at 40900-40850.
Before going to break this level price give some retracement to 40500-40600 level again....so enter long here for targets of41100, 40250
(only Buy Side)
Intraday Sell plan.
Sell Plan:
40900 is a level where previously strong sell off happens now at least will get a pullback,
only few points u will get so be on the market momentum side for more points,
strongly no plan of selling. will be on buy side for Next key Resistance level of 41200.
Note 1: If opens flat will go for buying to 40900 level
If opens Gap up wait for retracement to 40500-40600 levels.
Keep in the buy side ..price wants to fill the gap.
Note 2: Price mostly in consolidation stage after a huge movement on upside....(40900-40500)
Before going to break this level price give some retracement to 40500-40600 level again....so enter long here for targets of41100, 40250
(only Buy Side)
Intraday Sell plan.
Sell Plan:
40900 is a level where previously strong sell off happens now at least will get a pullback,
only few points u will get so be on the market momentum side for more points,
strongly no plan of selling. will be on buy side for Next key Resistance level of 41200.
Note 1: If opens flat will go for buying to 40900 level
If opens Gap up wait for retracement to 40500-40600 levels.
Keep in the buy side ..price wants to fill the gap.
Note 2: Price mostly in consolidation stage after a huge movement on upside....(40900-40500)
Nota
Price wants to come down ....40520,40470,40410 don't go long wait for longNota
price is in consolidaton....wait for break on either side.... until no positions....wait for long opportunity
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.