Banknifty Support&Resistane levels for 30th April Tuesday

Here i'm providing support and resistance levels for banknifty watch for rejection or breakout/breakdown on them to take trades.on 1 hr to 15 mins time it is overbought not expecting to rally like yesterday ,it could be sideways to bearish in my view until proven other wise if sustains over 49600 200 points can be tested around 49800 area.

Resistance 49600
Support 49250-49300

Trade ativo:

rejected at resistance area short entry made

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kept at break even

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very tough buyers not giving up as of now

Trade fechado manualmente:

missed target by 24 points exiting trade at breakeven

Comentário:

one could have booked at half or trailed most of the time go for big targets once trade starts in your favour nothing to lose in this trade , depends upon indiviudual trader decision where to exit.

Trade ativo:

will try another one later and update here

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49600 above mentioned targets acheived

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reversed from 50k area longs stop or trailing important else all profits will be gone in a blink

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Today May 2nd support and resistance levels

Trade ativo:

today's long entry

Comentário:

near support area bullish pinbar appeared small risk here

Trade ativo:

so far good lets see in my favour booked qty half rest open at kept at BE

Trade fechado manualmente:

trade scrped in middle too much chop today

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For Firday 3rd May support and resistance levels, look for rejection or breakout on those S/R levels

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Rejected from exact resistance area

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made a halt here of this much expecting a retracment till 49200 area entry long

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so far good

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failed nothing stopping selling today attempt long stopped out today wrong move seems almost went to target retrace back 260 points who would expect that much come back.