BANKNIFTY LEVELS 11/05/2023
BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's flat opening or gap up and gets reversal from 43465 with strong 15m bearish candle we will short up to 43070 level
2. If there's flat opening and breaks 43465 and 43600 with strong 15m bullish candle, then we will be on buy side.
3. If price breaks 43070 level with bearish candle, then we will continue to short our positions up to 43525 level by maintaining trailing stoploss.
4. Further buy side positions we be updated on live market.
Have a safe and profitable day :)
1. If there's flat opening or gap up and gets reversal from 43465 with strong 15m bearish candle we will short up to 43070 level
2. If there's flat opening and breaks 43465 and 43600 with strong 15m bullish candle, then we will be on buy side.
3. If price breaks 43070 level with bearish candle, then we will continue to short our positions up to 43525 level by maintaining trailing stoploss.
4. Further buy side positions we be updated on live market.
Have a safe and profitable day :)
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