BankNifty Support&Resistance levels for 12th April Friday
Banknifty support and and resistance levels.
Support:- 48800,48650,48500,48300
Resistance:-49050,49150,49350,49500
Trend is still bullish on macro and micro timeframes but market is overbought here, a retrace to support
areas expecting and then resumes uptrend if any of the supports held.
Note:-Mentioned Support and Resistance levels can act as reversal points also.
Support:- 48800,48650,48500,48300
Resistance:-49050,49150,49350,49500
Trend is still bullish on macro and micro timeframes but market is overbought here, a retrace to support
areas expecting and then resumes uptrend if any of the supports held.
Note:-Mentioned Support and Resistance levels can act as reversal points also.
Commento:
1 hr Timeframe trendline support for reference.
Commento:
Testing the tredline resistance watch out rejection or breakout here
Commento:
Commento:
trendline reject fell to next support area of 48600
Commento:
Commento:
48800 below targt one acheived 48650 going for second target 48500 area.
Commento:
Trade chiuso: obiettivo raggiunto:
