BANKNIFTY Index has resistance near 57000 – 57100 range and if index crosses and sustains above this level then may reach near 57500– 57600 range.
Banknifty has immediate support near 56200 - 56100 range and if this support is broken then index may tank near 55700 - 55600 range.
A gap-down opening is expected following the imposition of an additional 100% tariff by the US on Chinese imports effective November 1st. However, buying interest may emerge at lower levels as signals indicate possible finalisation of the India-US trade deal in the coming weeks.
Trade chiuso: obiettivo raggiunto
Gap down opening with low near 56325 and then bounced to make high near 56770 with close near 56625.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.