BANKNIFTY Index has resistance near 54900 – 55000 range and if index crosses and sustains above this level then may reach near 55400– 55500 range.
Banknifty has immediate support near 54100 - 54000 range and if this support is broken then index may tank near 53600 - 53500 range.
The market may move in the direction where unwinding of OI takes place on the Monthly F&O expiry day. Volatility expected.
Trade chiuso: obiettivo raggiunto
Gap up opening and traded in range between high near 54795, low near 54505 and closed near 54635.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.