BankNifty Support&Resistance Levels for Monday Sep 30th

BankNifty levels for 30th Sep Monday

Bias:- Bullish .
Strategy:- Buy on dips.
Reversal Pattern:- pull back to support areas.

Bank nifty closed friday on support (demand area) from where it took support and rallied this is important area to check on monday open for accenptance or rejection.

53950 above Sustains long
Targets 54150,54200,54350,54400.

53700 Below sustains Short
Targets 53600,53500,53350.

Support and below targets can act as reversal areas since market structure is bullish watch for dips on those levels to long with price action confrimation .

Education purpose only do you analysis and take entries accordingly.

Happy Trading !!!
Comentário
53700 below all targets acheived
snapshot
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At important support now
snapshot
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Support held as of now tommorow need to see how it will do from here on
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today 1st Oct support held at 53k area it will be important support for now, immeadiate resistance is 53400 area
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snapshot
Supply and DemandSupport and ResistanceTrend Analysis

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