BANKNIFTY TRADE SETUP

-BANKNIFTY MIGHT OPEN 200 IN THE PLUS
-INDEX YESTERDAY TESTED THE RESISTANCE OF 22300
-INDEX ALSO AGAIN TESTED THE SUPPORT OF 21960
-BIG MOVES ABOVE 22300 IN THE BANKNIFTY
-BANKNIFTY YESTERDAY REJECTED THE 100 EMA
-IF 22450 IS CROSSED ON COLSING BASIS WE ARE MOVING TOWARDS 23000-23800
-CRUCIAL SUPPORT PLACED AT 21960
-CRUCIAL RESISTANCE PLACED AT 22200-22300

BANKNIFTY RESISTANCE FOR THE DAY
22070-22200-22300
BANKNIFTY SUPPORT FOR THE DAY
21960-21630-21410

!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
 
READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX