BANKNIFTY--43400 Acts as Resistance??
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Observations:
------->> After Opening Gap down
--------->>BANKNIFTY again showing bullish pressure towards 43500, if 43360 level which is yesterday's Support if acts as resistance price is bearish again.
--------->>Go short :
If price breaks 43200 again, go short for targets of 43100,43050.
we have a demand zone @ 43000 may again acts as support.
---------->> Expiry may limit the price movement towards both side ,price is consolidates between 43500-43040 levels.
------->> After Opening Gap down
--------->>BANKNIFTY again showing bullish pressure towards 43500, if 43360 level which is yesterday's Support if acts as resistance price is bearish again.
--------->>Go short :
If price breaks 43200 again, go short for targets of 43100,43050.
we have a demand zone @ 43000 may again acts as support.
---------->> Expiry may limit the price movement towards both side ,price is consolidates between 43500-43040 levels.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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