BANKNIFTY--Expiry above 43600 or below 43000 ??
Observations:
BANKNIFTY--showing bearish pressure after opening gap up, falls below 43000, clearly showing 43000 is not a support ,with the help of 43000 price again tested the supply zones @43500-43600.
----------->>If tomorrow again showing bearish pressure @43600 levels, go for selling below 43350 levels for target of 43000,42850,42500 levels.
------>> Price range between 43600 below and 43850 levels.
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If price consolidates between 43400-43600 levels, price will go up.
BANKNIFTY--showing bearish pressure after opening gap up, falls below 43000, clearly showing 43000 is not a support ,with the help of 43000 price again tested the supply zones @43500-43600.
----------->>If tomorrow again showing bearish pressure @43600 levels, go for selling below 43350 levels for target of 43000,42850,42500 levels.
------>> Price range between 43600 below and 43850 levels.
-----------------------------------------------------------------------------------------------
If price consolidates between 43400-43600 levels, price will go up.
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--Educational Purpose Only--
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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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