In my last post I did mention about the red zone acting as resistance.
Banknifty did enter the red zone and took a strong reversal loosing almost 1000 points.
Currently it is taking support on the red line.
Both the levels are important for any side movements.
Keep an eye on GDP news too.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
Banknifty did enter the red zone and took a strong reversal loosing almost 1000 points.
Currently it is taking support on the red line.
Both the levels are important for any side movements.
Keep an eye on GDP news too.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.