Buy above 45050 Target-1 45120 Target-2 45210 Target-3 45340 Sell Below 44850 Target-1 44750 Target-2 44636 Target-3 44500 Target-4 44411 DISCLAIMER: The information provided here only for education purpose, all posts for educational purpose, no claim rights reserved, please take advice from your financial advisor before initiating any trade.
Buy Above 45120 Target-1 45250 Target-2 45340 Target-3 45400 Sell Below 44850 Target-1 44750 Target-2 44600 Target-3 44445 Target-4 44315
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...
BUY ABOVE 44850 TARGET-1 44950 TARGET-2 45050 TARGET-3 45125 TARGET-4 45250 SELL BELOW 44720 TARGET-1 44600 TARGET-2 44500 TARGET-3 44445 TARGET-4 44315 44500 is a very important level, if it breaks, then the market may fall to 44000. If there is any reversal then it will come from 43995 - 44050.
BUY ABOVE 44750 TARGET-1 44860 TARGET-2 44930 TARGET-3 45000 SELL BELOW 44500 TARGET-1 44400 TARGET-2 44281 TARGET-3 44150 44500 is a very important level, 44500 is the make or break point, which was easily broken today, but today's closing is at the level of 44500, if it breaks, then the market may fall to 44100-44000. If there is any reversal then it will come...
BUY ABOVE 45134 TARGET-1 45240 TARGET-2 45350 TARGET-3 45470 SELL BELOW 44950 TARGET-1 44850 TARGET-2 44720 TARGET-3 44600 If there is any reversal then it will come from 44500- 44550, if 44500 is broken then further fall is possible
If we look, the market was repeatedly moving up taking support from the trendline, now after breaking the trendline, the market has given daily candle closing below the trendline, if we look at the larger timeframe, 44500- 44550 is a major support zone, If this level breaks then there can be a big fall which will take the market to 44000 Easily.
If we look at the daily time frame, the market is moving up taking support on the trendline. If this trendline breaks down, a big move to the downside is likely to take the market up to 45250, 45250 is a good support zone. If it breaks it will take the market to 44940 or 44500
NSE:BANKNIFTY Price is supporting the trendline on the 1-day time frame, so is this fall just a retracement?