A strong sell off is going to observe between 41500 to 40900 below to downside for targets of 40600,40200,39900 Consolidation between 40200 and 36900 before going to break a strong support at 36900.
Here I am providing levels for tomorrow if price breaks 17400 and 17360 act as a Support price goes up for targets of 17460, 17515,17550 overall target of 17600. Supports are 17230 17140 17025
BANKNIFTY levels to trade for tomorrow. as mentioned Earlier I have shared my levels for 2nd March they act as Perfect Support at 40500 and also take a pullback at 40390 level to 40500 and fallback to 40300. so today also I am sharing my levels that may act as support and Resistances are: if 40400 act as support price will go up. Resistances...
Support and resistance levels can help traders Here I define support and resistance levels, Resistances: 17500 17590 17670 Supports: 17230 17140 17025
Price action is said to be bullish in smaller time frame ,no detection of bearish momentum in smaller Timeframes as overall momentum is already Bearish. Key Area of Resistances : Resistance1: 40840 Resistance2: 41100 Resistance3: 41300 Key Area of Supports: Support1: 40560 Support2: 40390 Support3: 40300- 40100
Support and resistance levels can help traders Here I define support and resistance levels, GO LONG: If 17400 targets of 17500,17590,17670 Go Short : 17230,17140,17025
Strong sell off observed at 40700 so May act as Resistance Strong SUPPORT is observed at 39800,39600 before going to break 36900 again we see some consolidation or Strong Breakdown again. Long: if 40400 breaks at retest(Pullback) go long untill 40700. Short : if 40100 break and gives pullback enter for Short targets of 39800,39600,39300