Banknifty Intraday Levels 08/08/2023
Updated
There is no momentum in the market right now, so if you see the market moving in a Channel, trendline or support resistance in a range bound market, take your trade based on that or avoid the market .If the market consolidates 15-20 min and closes the 15 min candle above 44900
BUY ABOVE 44900
TARGET-1 45040
TARGET-2 45120
TARGET-3 45250
45040 is a good resistance zone, if it breaks then there can be good momentum in the market, otherwise there will be a fall back from here and 44500 will act as support.
SELL BELOW 44750
TARGET-1 44600
TARGET-2 44500
TARGET-3 44445
TARGET-4 44315
BUY ABOVE 44900
TARGET-1 45040
TARGET-2 45120
TARGET-3 45250
45040 is a good resistance zone, if it breaks then there can be good momentum in the market, otherwise there will be a fall back from here and 44500 will act as support.
SELL BELOW 44750
TARGET-1 44600
TARGET-2 44500
TARGET-3 44445
TARGET-4 44315
Trade active
Trade closed: target reached
Note
Trail SLTrade closed manually
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