BANKNIFTY FOR 11 Dec 2024 Banknifty bounced from the weak demand zone 53330 - 53380 And took out Sell Zone created today (53540 - 53580) OUTLOOK FOR 11 Dec 2024 Market may take support on the zone created today (53540 - 53580) and Buy can be initiated for Target Supply Zone @ 53820 - 53870 Weak demand zone (53330 - 53370) can be considered as strong buy zone
As Predicted Yesterday (09-12-2024) Weak OB (24580 - 24600) Broke down on 10-12-2024 Market tested Buy Zone - 24495 - 25525 and Reacted strongly closing at 24620 New Weak Sell Zone now active for 11-12-2024 (24680 - 24705) If BUY ZONE 1 is tested again, One can go long; Target 24680 - 24705 STRONG BUY ZONE - 24495 - 25520 STRONG SELL ZONE - 24825 -...
BANKNIFTY Levels for 10-12-2024 BANKNIFTY created a small demand zone at 53325 - 53375; It reacted strongly at 10:10 am and again reacted later near the end of day. But this looks like a weak demand zone. With Strong support zone at 52600 - 52700, market seems sideways to bullish BUY ZONE 1 - 53200 - 53250 BUY ZONE 2 - 52900 - 52980 SELL ZONE - 53800 - 53880
Levels given for 09-12-2024 have not breached OBs not tested and remained sideways Minor OB at 24580 - 24605 is breached once and tested thrice without any big reaction. So it may get broken . BUY ZONE 1 - 24495 - 24525 BUY ZONE 2 - 24325 - 24355 SELL ZONE - 24825 - 24850
BUY AND SELL ZONES for NIFTY on 09-Dec-2024 Buy Zone 1: 24495 - 24525 Buy Zone 2: 24325 - 24355 Sell Zone: 24825 - 24855 DISCLAIMER: NOT FINANCIAL ADVICE; ONLY FOR EDUCATIONAL PURPOSES
SBI LIFE INSURANCE CO LTD: Trading near Orderblock on the Sell off on 04.06.2024 Entry: 1400-1430 SL: 1300 Target: 1:3 R:R or upto 1900 NOT FINANCIAL ADVICE; FOR EDUCATIONAL PURPOSE ONLY INVEST AT YOUR OWN RISK