Banknifty Support&Resistane levels for 30th April Tuesday

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Here i'm providing support and resistance levels for banknifty watch for rejection or breakout/breakdown on them to take trades.on 1 hr to 15 mins time it is overbought not expecting to rally like yesterday ,it could be sideways to bearish in my view until proven other wise if sustains over 49600 200 points can be tested around 49800 area.

Resistance 49600
Support 49250-49300

Giao dịch đang hoạt động
rejected at resistance area short entry made
ảnh chụp nhanh
Ghi chú
kept at break even
ảnh chụp nhanh
Ghi chú
very tough buyers not giving up as of now
Giao dịch được đóng thủ công
missed target by 24 points exiting trade at breakeven
ảnh chụp nhanh
Ghi chú
one could have booked at half or trailed most of the time go for big targets once trade starts in your favour nothing to lose in this trade , depends upon indiviudual trader decision where to exit.
Giao dịch đang hoạt động
will try another one later and update here
Ghi chú
49600 above mentioned targets acheived

ảnh chụp nhanh
Ghi chú
reversed from 50k area longs stop or trailing important else all profits will be gone in a blink
ảnh chụp nhanh
Ghi chú
Today May 2nd support and resistance levels
ảnh chụp nhanh
Giao dịch đang hoạt động
today's long entry
ảnh chụp nhanh
Ghi chú
near support area bullish pinbar appeared small risk here
Giao dịch đang hoạt động
so far good lets see in my favour booked qty half rest open at kept at BE
ảnh chụp nhanh
Giao dịch được đóng thủ công
trade scrped in middle too much chop today
Ghi chú
For Firday 3rd May support and resistance levels, look for rejection or breakout on those S/R levels
ảnh chụp nhanh
Ghi chú
Rejected from exact resistance area
Ghi chú
ảnh chụp nhanh
Ghi chú
made a halt here of this much expecting a retracment till 49200 area entry long
ảnh chụp nhanh
Ghi chú
so far good
ảnh chụp nhanh
Ghi chú
failed nothing stopping selling today attempt long stopped out today wrong move seems almost went to target retrace back 260 points who would expect that much come back.
ảnh chụp nhanh
Supply and DemandSupport and ResistanceTrend Analysis

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