Banknifty Intraday levels for Tomorrow..
Expectation : Flat / Small Gap Down Open around 41200 or below
Bank Nifty likely to Open Small Gap down, if that is the case we have strong support at 41180 where we can go Long. We have strong support zone on the lower side.
Any breakout above 41387 we can expect 41500 as the Target for Long entry and PDH will be tested.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Expectation : Flat / Small Gap Down Open around 41200 or below
Bank Nifty likely to Open Small Gap down, if that is the case we have strong support at 41180 where we can go Long. We have strong support zone on the lower side.
Any breakout above 41387 we can expect 41500 as the Target for Long entry and PDH will be tested.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
