The yellow, purple, and white coloured lines plotted on the attached chart are strong reversal levels.
DISCLAIMER: This idea is only for educational purpose.
Nota
44602.50 is the most important level now. If this level is broken, more upward movement is expected and BANKNIFTY might be unidirectional for the rest of the day.
Nota
44764.50 is very important level for BANKNIFTY now. if price sustains over this level then sky is the limit for BANKNIFTY for rest of the day.
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