Banknifty Intraday levels for Tomorrow..
Banknifty BULLSIHLY aligned, but sentiment is negative and today closed below next day CPR . If tomorrow opens below CPR - 43293 and any rejection around this level we can expect Banknifty will test 43000.
If closes above 43293 and sustains, Target 1 & 2 on the higher side will be tested. Similarly the Trend line breakout also indicates the movement towards the breakout side.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers 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!!
Banknifty BULLSIHLY aligned, but sentiment is negative and today closed below next day CPR . If tomorrow opens below CPR - 43293 and any rejection around this level we can expect Banknifty will test 43000.
If closes above 43293 and sustains, Target 1 & 2 on the higher side will be tested. Similarly the Trend line breakout also indicates the movement towards the breakout side.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers 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!!
