BANK NIFTY LEVELS 16TH AUGUST

Bank Nifty Actionable Idea

#Current Price- 44090

#Resistance- 44176

#Support- 44010

#Target 44275 And 44372 we can expect after a break of Resistance

#Target 43905 And 43811 we can expect after a break of Support

#Execution only after break and close above or below from resistance or support 15-minute candle.

#Stop Loss above or below from resistance or support 15-minute candle.

NOTE- Only for Education Purpose.

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Commento:

PRICE IS SUSTAINING ABOVE SUPPORT BASED TARGET 2 WHICH TURNED IN TO RESISTANCE SO NOW IT CAN RETRACE UP TO SUPPORT BASED TARGET 1 AND SUPPORT TOO, MAIN SUPPORT WE
ILL ACT AS MAIN RESISTANCE NOW

Trade chiuso manualmente:

REACHED EXACTLY TO MAIN SUPPORT AS MENTION IN UPDATE ABOVE THAT NOW IT WILL ACT AS A MAIN RESISTANCE, SELL NOT EXECUTED DUE TO GAP DOWN TRADED ACCORDING PROVIDED UPDATES