Strategy:-Support&Resistance
Major Resistance 44750-44800
Major Support 43800-43850
Banknifty is trading in a range of 44800 to 43800 range i think it will test lower level area of 43800 one more time that is strong support if held there can long with positive price action.
For Monday intraday levels to trade are
44350 Above Long
Targets 44450,44500,44550
44190 Below short
Targets 44100,44050,44000,43900,43800
Major Resistance 44750-44800
Major Support 43800-43850
Banknifty is trading in a range of 44800 to 43800 range i think it will test lower level area of 43800 one more time that is strong support if held there can long with positive price action.
For Monday intraday levels to trade are
44350 Above Long
Targets 44450,44500,44550
44190 Below short
Targets 44100,44050,44000,43900,43800
Commento:
Took support from second target 44050 towards short call
Commento:
Commento:
Expected it to test the day low area ,since nearing end of day closing trade with 120 points gain
