BankNifty Support&Resistance levels for Tuesday Aug 20th

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Banknifty tading in a range of 1100 points since past 14 days showing some strength to go above of that range but somehow finding sellers on the highs.

Immeadiate resistance is 50450 if sustains above long for targets of 50600,50750,50800,51000
Immeadiate support is 50300 if sustains below short for the targets of 50075,49940,49800.

Note:- Support and Resistance including Targets can act as reversal points please check price on those levels.
Commento
Long entry at 50450 area
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Commento
Almost there
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Trade chiuso: obiettivo raggiunto
closing this trade at minor resistance 245 spot points
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Trade chiuso: obiettivo raggiunto
50450 above all targets acheived 40 poins short of 51k
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Commento
August 21st trade IB mid point short entry
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Trade chiuso: obiettivo raggiunto
targett acheived
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Supply and DemandSupport and ResistanceTrend Analysis

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