Banknifty Intraday levels for 8 Dec 2023

• I am sharing crucial BANKNIFTY levels that serve as significant support and resistance points for intraday trading. To execute trades based on these levels, wait for a 15-minute candle closing above them. You can employ both breakout and reversal strategies in your trading approach.
  
  
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• Identified through price action, major support and resistance levels are marked with lines as resistances and supports. If the price breaches a support or resistance, it is likely to move towards the next corresponding level.
  
  
• Important Note: These levels are intended for intraday trading purposes only.
  
  
• Disclaimer: All information provided on this page is for educational purposes. We are not SEBI Registered. Please consult a SEBI registered financial advisor for personalised advice before making any investment decisions. We are not responsible for any profits or losses incurred.
  
  
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• View Only Mode Live chart Link
  https://www.tradingview.com/chart/GLRwsUvV/
  
  

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Market reaction to levels.