Shorting opportunity in Banknifty future if it opens below 32490 with a Stop Loss @ 32620. In case, if Banknifty opens above 32620 and hold for some time then please avoid the setup.
Tomorrow morning look for any rejection candlestick patterns like Bearish Engulfing, Hammer, Shooting Star or any other.
1st Target: 32380-32390
2nd Target: 32240-32260
3rd Target: 32125-32140
4th Target: 32040-32060
In case Banknifty breaks 32000 level, then 31500 might be tested. However, 32000 acts as strong support zone. So, better trade cautiously
Happy Trading!!
Tomorrow morning look for any rejection candlestick patterns like Bearish Engulfing, Hammer, Shooting Star or any other.
1st Target: 32380-32390
2nd Target: 32240-32260
3rd Target: 32125-32140
4th Target: 32040-32060
In case Banknifty breaks 32000 level, then 31500 might be tested. However, 32000 acts as strong support zone. So, better trade cautiously
Happy Trading!!
Trade closed manually
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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.
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.