Banknifty Price action Symmetry

7 apr 2023

BANKNIFTY

Banknifty price movement is still moving in a symmetry to its structure and there are very low signs of change in symmetry
and Banknifty has tested the resistance level and reversed a bit validating the make-or-break zone.

The resistance level is 41300
The support level is 40800

A break of any level can give good momentum.
The Up price movement from the last 2 sessions has moved up with very low momentum, and the probability of a fall is very likely.



This is only for educational purposes only.
Always trade with stop-loss.

I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.

Keep Learning,
Happy Trading!